QI-2025 QUARTERLY REPORT GERMANY
German economy shrinks 0.2 percent in 2024 Industrial production 4.9 percent down on 2023
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Economic output turns down in fourth quarter after small upward movement over the summer months. The German economy continues to tread water.
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Private consumption only set to rise by a lean 0.2 percent. High economic uncertainty is making consumers reticent to spend.
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High uncertainty likely to curb investment activity further this year. Construction investment is still suffering from weak residential construction.
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Prospective US tariffs on EU imports would considerably weigh down EU and German exports. The majority of exporters are feeling negative.
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Industrial production down for the third consecutive year, dropping 4.9 percent last year. With capacity utilisation rates low and incoming orders weak, 2025 will be another difficult year.