BERLIN (Reuters) - Germany can only hope for a tangible economic recovery once there is clarity on the economic, financial and geopolitical outlook, the economy ministry said in its monthly report on
Germany's Economic Recovery Faces 2025 Uncertainty
BERLIN (Reuters) - Germany can only hope for a tangible economic recovery once there is clarity on the economic, financial and geopolitical outlook, the economy ministry said in its monthly report on Wednesday, after annual data showed a 2024 recession.
Global production of industrial products is modest as is the outlook for German trade, the report warned.
"As the year progresses, however, inflation-dampening factors such as the moderate price trend at upstream economic levels, the after-effects of restrictive monetary policy and lower wage settlements are likely to gain the upper hand," it added.
(Writing by Rachel More; Editing by Madeline Chambers)
