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 ...

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 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 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, ...

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 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 ...

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 ...

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, ...

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 ...

Investing.com -- Germany is heading toward a recession, and even recent policy moves by the European Central Bank (ECB) may not be enough to avert it. Analysts at Nomura have downgraded their ...