Market Overview: January 16, 2024

Germany’s economy shrank in 2023 The German economy shrank by 0.3% in 2023, the Federal Statistical Office of Germany said on Monday. The contraction in output declined to 0.1% when adjusted for calendar effects. “The overall economic development in Germany came to a standstill in 2023 in a still crisis-ridden environment,” said Ruth Brand, head

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