Germany has slipped into recession as last year’s energy price shock takes its toll on consumer spending. Output in Europe’s largest economy dropped 0.3% in the first three months of the year ...

Germany is suffering a mild recession and output across the whole of 2024 will be flat, according to a Bloomberg survey — underscoring the malaise in Europe’s largest economy.

The German economy shrank unexpectedly in the first three months of this year, marking the second quarter of contraction that is one definition of recession. High inflation hit consumer spending.

Berenberg expects Germany to fall back into “a mild recession” in the second half of this year, Fiedler added. — Mark Thompson and Anna Cooban contributed reporting. Related.

Germany is likely in recession now as external demand is weak, consumers remain cautious and domestic investment is held back by high borrowing costs, the Bundesbank said in a regular monthly ...

German recession declaration matches what economists believed all along. Last Updated: May 25, 2023 at 8:49 a.m. ET First Published: May 25, 2023 at 5:40 a.m. ET. Share. Resize. Listen ...

German Economy Avoids Recession But Not Broader Crisis. 3Q output unexpectedly rose 0.2% after revised 0.3% drop in 2Q; France, Spain also fared better, buoying broader euro zone ...

Germany slipped into recession during the first three months of the year, as households cut spending in response to sharply higher prices for energy and food. With Europe’s largest economy now ...

The German economy defied recession expectations, growing 0.2 percent in the third quarter, after a 0.1 percent decline in April to June, Eurostat said. In a sign of deepening woes, ...

A recession in Germany, the euro zone's biggest economy, is increasingly likely and inflation will continue to accelerate and could peak at more than 10% this autumn, the Bundesbank said in a ...

Germany told its citizens to anticipate a recession this week. It's mostly because of soaring energy prices caused by Russia's war with Ukraine. The US has its own warning signs for a recession ...

Germany's economy was the envy of Europe for many of the 30-plus years since reunification. But now the country is officially in recession and its people, used to decades of prosperity, ...