Germany’s Ifo institute trims 2024 GDP forecast again due to budget

Capt. John

Germany’s Ifo institute again downgraded its 2024 economic growth forecast on Wednesday, citing uncertainty caused by changes to the federal budget necessitated by a court ruling. The institute now expects Europe’s largest economy to grow by 0.7% this year instead of 0.9% previously forecast in...

https://www.hellenicshippingnews.com/germanys-ifo-institute-trims-2024-gdp-forecast-again-due-to-budget/

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