Published

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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Bias Distribution

  • 45% of the sources lean Left
45% Left
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