WebOct 14, 2024 · October 14, 2024 at 7:00 a.m. EDT. The BASF chemical plant in Ludwigshafen, Germany, has cut back operations in the face of high energy prices. ... Economists say Germany is poised for recession ... WebJan 13, 2024 · Fears that Germany could enter recession have eased after the federal statistical agency reported that the economy grew by 1.9 per cent in 2024 and was likely to have stagnated in the fourth ...
Earnings Season Arrives With Recession Fears Front and Center
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Recession fears shake Germany as energy costs hit business
WebAug 1, 2024 · Europe’s biggest economy is suffering — and it could spell trouble for the whole continent. German retail sales slumped 8.8% in June compared with the same month a year ago, according to ... WebSep 19, 2024 · It forecast Europe’s largest economy would shrink by 0.3% in 2024, after growing by just 1.6% this year. Inflation is forecast to hit 8.1% this year and 9.3% in 2024. “The cuts to gas supplies ... WebNov 4, 2024 · Germany’s economy is expected to slide into a recession in 2024 due to its high exposure to the current energy crisis, according to GlobalData. As a result, the leading data and analytics company has downwardly revised its estimations for Germany’s economic growth predictions by -2.4 percentage points (pp) for 2024 and -1.7pp for 2024 … glenn\u0027s of huntsville florist