German Economy

Photo: India Today

Germany Economy Falls By 0.1% In Q3, Heading To Recession?

Germany officials released data of the downfall in the nation's economy, as the GDF is down by 0.1% in the last three months. As per the experts of economics, Germany is expected to fall into recession. While there are several reasons behind the fall, the one major cause is the lowering urge of youngsters, spending money, along with causes like Ukraine-Russia war affect and lapse in construction, automobile Industry.

Mon, 30 Oct 2023 - 04:59 PM / by Varsha Joshi

Tags: Economy, Germany, Quarter 3, Recession, Economic Experts

Courtesy: Reuters