Economic Indicators
German economy could grow by up to 1.9% in 2024 – econ min
2023.06.12 06:00
© Reuters. German Economy and Climate Protection Minister Robert Habeck attends a plenary session of the lower house of parliament, Bundestag, in Berlin, Germany May 25, 2023. REUTERS/Nadja Wohlleben
BERLIN (Reuters) – The German economy could grow between 1.6% to 1.9% next year, Economy Minister Robert Habeck said on Monday.
“We expected economic growth of 0.4% for this year … In 2024, we think we could get back to growth of 1.6%, 1.9%, so slowly reaching the normal rates again,” Habeck said in a speech at the east German economy forum in the state of Brandenburg.
In April, the government slightly lowered its 2024 growth forecast to 1.6% from the 1.8% foreseen in January.
