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Last Update: ،
2025/06/07
Time
10:31:36
Latest News:
Security Council reaffirms support to Yemen's unity, sovereignty
Yemen demands U.S. Administration reconsider decision to restrict entry of Yemenis
President al-Alimi Checks on the Conditions of Yemeni Pilgrims
U.S. Embassy: UN inspection of ships in Yemen does not mean they are safe from U.S. sanctions
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Latest News:
Security Council reaffirms support to Yemen's unity, sovereignty
Yemen demands U.S. Administration reconsider decision to restrict entry of Yemenis
President al-Alimi Checks on the Conditions of Yemeni Pilgrims
U.S. Embassy: UN inspection of ships in Yemen does not mean they are safe from U.S. sanctions
Prime Minister Calls on Yemen's Partners to Support Government Plan, Priorities
German economy shrinks by 0.2 percent
[15/01/2025 07:28]
BERLIN-SABA
The German economy contracted by 0.2 percent in 2024 compared to 2023.
The German Federal Statistical Office said in a statement today, Wednesday, that the contraction is occurring for the second year in a row after a contraction of 0.3 percent in 2023, noting that the burdens related to growth and the structural structure of the economy stood in the way of better economic development in 2024.
According to the report, the most prominent burdens are the high competition for German goods in the important markets for these goods, high energy prices, high interest rates and a shortage of skilled labor.
The German economy contracted by 0.2 percent in 2024 compared to 2023.
The German Federal Statistical Office said in a statement today, Wednesday, that the contraction is occurring for the second year in a row after a contraction of 0.3 percent in 2023, noting that the burdens related to growth and the structural structure of the economy stood in the way of better economic development in 2024.
According to the report, the most prominent burdens are the high competition for German goods in the important markets for these goods, high energy prices, high interest rates and a shortage of skilled labor.
Key words:
According - contraction - competition - Statistical - development - contracted - structural - statement - SABA The - prominent -
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