German economy could grow by up to 1.9% in 2024

BERLIN - 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.

Source: https://www.zawya.com/en/world/uk-and-europe/german-economy-could-grow-by-up-to-19-in-2024-ydlg9tj0