Germany Q4 preliminary GDP -0.3% vs -0.3% q/q expected

<ul><li>Prior -0.1%</li></ul><p>The German economy contracted once again in Q4 last year, reaffirming a mild technical recession. The unadjusted annual GDP growth is seen at -0.4% while the adjusted figures are seen at -0.2%. That paints a rough picture for Europe's largest economy, with the outlook to start the new year also <a href="https://www.forexlive.com/news/ifo-institute-says-german-economy-expected-to-contract-by-02-in-q1-this-year-20240130/" target="_blank" rel="follow">not looking too bright</a>.</p>

This article was written by Justin Low at www.forexlive.com.