German economy grew less than expected in Q3, statistics office says
- The German economy grew by only 0.1% in the third quarter of 2024, less than the expected 0.2%, according to the Federal Statistical Office, or Destatis.
- Germany narrowly avoided a recession this year but faced a 2.4% decline in exports, which are crucial for its economy.
- Volkswagen is struggling financially, attempting to slash billions and close several factories, showcasing the country's economic difficulties.
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Coverage Details
Total News Sources0
Leaning Left9Leaning Right4Center7Last UpdatedBias Distribution45% Left
Bias Distribution
- 45% of the sources lean Left
45% Left
L 45%
C 35%
R 20%
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