Germany’s economy shrank for 2nd consecutive year in 2024

German economy, Europe’s largest, shrinks for second straight year
Germany’s economy, the largest in Europe, contracted for the second year in a row in 2024, official data showed Wednesday, underscoring the challenges facing the region as it tries to get economic growth back on track.
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Germany’s economy shrank for the second consecutive year in 2024
The German economy shrank for the second straight year in 2024 as worried consumers held back on spending and Chinese competition ate into the country’s traditional exports of cars and industrial machinery.
Germany's Economy Shrinks for Second Year
Germany's economy shrunk for a second consecutive year in 2024, continuing its struggle with internal and external challenges.
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