Tag: ifo

What’s gone wrong in Germany?

The German economy is stagnating. Last year was bad enough. The first official estimates suggest that output (measured by GDP) shrank by 0.3 per cent over 2023 as a whole – a full year recession – with output also down by 0.3 per cent in the fourth quarter alone. Unfortunately, the omens for 2024 are … Continue reading What’s gone wrong in Germany?