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economy - Latest news GMK Center

Photo – German economy will experience difficulties in 2024 – experts
German economy will experience difficulties in 2024 – experts

Last year, the German economy was the weakest among the large eurozone countries

Photo – One step away from recession: Europe shows minimal economic growth
One step away from recession: Europe shows minimal economic growth

One step away from recession: Europe shows minimal economic growth According to the consensus forecast, the eurozone economy is expected to grow at 0.2% and 0.3% Q/Q in Q1 and Q2 respectively

Photo – Profits of Chinese industrial enterprises fell by 18% y/y in April
Profits of Chinese industrial enterprises fell by 18% y/y in April

In January-April, the indicator decreased by 21.4% y/y

Photo – The EC improved the EU GDP growth forecast in 2023 to 1%
The EC improved the EU GDP growth forecast in 2023 to 1%

EU GDP is expected to grow by 1.7% in 2024

Photo – Industrial production in Germany decreased by 3.4% m/m in March
Industrial production in Germany decreased by 3.4% m/m in March

Analysts expected a decrease in the indicator by an average of 1.3%

Photo – German GDP in the first quarter remained at the level of the previous quarter
German GDP in the first quarter remained at the level of the previous quarter

Experts expected the country's economy to grow by at least 0.2% q/q

Photo – Industrial production in Ukraine decreased by 37% in 2022
Industrial production in Ukraine decreased by 37% in 2022

The output of products at iron and steel enterprises suffered the most

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