Economic news

German econ ministry sees moderate economic recovery in 2023

2023.06.14 05:34


© Reuters. FILE PHOTO: A general view shows the Berlin skyline, Germany, December 26, 2020. REUTERS/Michele Tantussi/File Photo

BERLIN (Reuters) – The German Economy Ministry said on Wednesday it expects a moderate economic recovery over the further course of year, citing easing price pressures in the global energy market and an expected rebound in the global economy, among other factors.

An “economic” recession in the sense of a more sustained downturn is not currently expected, the ministry said in its monthly report.

Germany entered a “technical” recession in the first quarter of 2023, defined as two consecutive quarters of economic decline.

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 84,225.57 0.01%
ethereum
Ethereum (ETH) $ 1,912.30 1.19%
tether
Tether (USDT) $ 1.00 0.01%
xrp
XRP (XRP) $ 2.34 3.34%
bnb
BNB (BNB) $ 605.82 0.22%
solana
Solana (SOL) $ 130.16 3.36%
usd-coin
USDC (USDC) $ 1.00 0.01%
cardano
Cardano (ADA) $ 0.712467 4.84%
dogecoin
Dogecoin (DOGE) $ 0.171267 2.97%
tron
TRON (TRX) $ 0.216481 2.81%
staked-ether
Lido Staked Ether (STETH) $ 1,905.42 1.55%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 84,108.54 0.02%
pi-network
Pi Network (PI) $ 1.41 3.46%
leo-token
LEO Token (LEO) $ 9.77 0.31%
chainlink
Chainlink (LINK) $ 13.72 2.12%
the-open-network
Toncoin (TON) $ 3.42 0.92%
usds
USDS (USDS) $ 0.999964 0.05%
stellar
Stellar (XLM) $ 0.268274 2.35%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,266.10 2.20%
hedera-hashgraph
Hedera (HBAR) $ 0.189463 1.55%
shiba-inu
Shiba Inu (SHIB) $ 0.000013 5.20%
avalanche-2
Avalanche (AVAX) $ 18.88 1.93%
sui
Sui (SUI) $ 2.28 3.25%
litecoin
Litecoin (LTC) $ 90.37 2.58%
bitcoin-cash
Bitcoin Cash (BCH) $ 333.33 3.25%
mantra-dao
MANTRA (OM) $ 6.80 3.89%
polkadot
Polkadot (DOT) $ 4.31 1.69%
ethena-usde
Ethena USDe (USDE) $ 0.999923 0.01%
weth
WETH (WETH) $ 1,910.13 1.32%
bitget-token
Bitget Token (BGB) $ 4.42 0.67%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.997742 0.15%
hyperliquid
Hyperliquid (HYPE) $ 13.52 7.76%
whitebit
WhiteBIT Coin (WBT) $ 28.78 0.22%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,029.35 1.33%
monero
Monero (XMR) $ 211.03 0.43%
uniswap
Uniswap (UNI) $ 6.14 0.04%
susds
sUSDS (SUSDS) $ 1.04 0.06%
dai
Dai (DAI) $ 0.999915 0.01%
aptos
Aptos (APT) $ 5.25 1.86%
near
NEAR Protocol (NEAR) $ 2.59 2.17%
pepe
Pepe (PEPE) $ 0.000007 4.79%
okb
OKB (OKB) $ 46.98 1.24%
mantle
Mantle (MNT) $ 0.816137 9.58%
internet-computer
Internet Computer (ICP) $ 5.70 1.46%
ethereum-classic
Ethereum Classic (ETC) $ 17.69 1.78%
ondo-finance
Ondo (ONDO) $ 0.84449 3.15%
gatechain-token
Gate (GT) $ 21.50 0.18%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 84,367.60 0.17%
aave
Aave (AAVE) $ 168.05 3.46%
tokenize-xchange
Tokenize Xchange (TKX) $ 29.98 2.28%