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German financial system doubtless in recession in Q1 2024 – Bundesbank

  • Business particularly will doubtless stay in a weak part
  • No main stimulus is anticipated from personal consumption in the meanwhile both
  • Uncertainty over main points, like local weather coverage, additionally weighing on funding choices
  • Inflation might fall additional within the months forward
  • However some fluctuation is probably going as companies inflation is coming down slightly slowly

The PMI information earlier at this time here reaffirms the above sentiment.

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

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