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Stagnation 2024: German economy struggles, hope for 0.7% growth in 2025!
The IMK predicts stagnation in the German economy in 2024, with weak growth of 0.7 percent in 2025.
Stagnation 2024: German economy struggles, hope for 0.7% growth in 2025!
Despite all efforts, the German economy appears to be extremely slow this year. Experts warn of ongoing stagnation, which is being exacerbated by various factors. International demand is falling short of expectations, which has a direct impact on consumer confidence and companies' willingness to invest. These are worrying signals for an economic area that is trying to recover from the effects of the last few years.
Peter Hohlfeld, a brilliant economic expert at the Institute for Macroeconomics and Economic Research (IMK), makes it clear that the current monetary policy of the European Central Bank (ECB) is putting considerable pressure on the economy. This strict monetary policy is perceived as intensifying the crisis, further exacerbating the already tense economic conditions. Ultimately, this results in a stagnating economy with a worrying gross domestic product of 0.0 percent annual average growth for 2024.
Economic outlook for 2025
The economic situation is therefore complex and requires careful analysis of current trends and policies. A look at the normative direction of politics shows that room for maneuver is urgently needed in order to regain trust in the German economy. The IMK report on the economic forecast offers valuable insights and is an important document for anyone who wants to invest in the future of the German economy according to information from www.das-marburger.de.