Germany’s Epic Recession Continues: Economy Still Can’t Catch A Break Simon Constable · Follow Published in DataDrivenInvestor · 3 min read · 7 hours ago 7 hours ago -- ShareGus Pasquerella, Public domain, via Wikimedia CommonsWhichever way you look at things Germany’s economy is a mess. The German Federal government just confirmed that the economy has now been in recession for three straight quarters through to the end of June. And according to Capital Economics the cumulative drop is 0.5%,While that’s not a huge drop, it isn’t good. Worse still, Germany’s economic mess is likely to continue for another half year, according to Capital Eocnomics. In other words, Capital forecasts that Germany’s recession will last five quarters, least.

Source: Forbes September 05, 2023 13:17 UTC