The German economy shrank by 0.2% quarter-on-quarter in fourth quarter of 2024, according to preliminary data released by Germany’s statistics office Destatis.
More Stories
GDP grew at a 2.3% pace in the fourth quarter, less than expected
GDP was expected to grow at a seasonally adjusted 2.5% annualized pace in the fourth quarter of 2025.
European Central Bank to cut rates again with Trump threat and U.S. divergence in focus
"The Fed will likely be on a more hawkish path, so significant divergence from the ECB could risk flight of...
Germany slashes economic growth expectations to 0.3% ahead of February election
The German government slashed its gross domestic product expectations Wednesday, saying it was now forecasting just 0.3% growth in 2025.
A record number of consumers are making minimum credit cards payments as delinquencies also rise
The share of active holders just making baseline payments on their cards jumped to a 12-year high, a Philadelphia Federal...
Charting the Biden economy: Despite all the growth and jobs, a deeply unpopular president
To the untrained eye, Joe Biden leaves the presidency with what appears to be a sterling economic record.
Home insurance costs soaring as climate-related events surge, Treasury Department says
During the period, costs for policies across all categories rose 8.7% faster than the rate of inflation.