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The current economic situation in Germany
Activity stagnating and inflation still too high in Germany Global economy makes solid start to 2023, outlook rather subdued The global economy got off to a solid start in 2023. Stimuli for growth came primarily from China, where real gross domestic product (GDP) rose significantly after the end of the country’s zero-COVID policy. At the same time, economic activity in the euro area picked up again, partly thanks to a distinct easing of the situation in the energy markets. Fears of a recession have so far proven unfounded in the United States, too, with moderate economic growth continuing, driven by consumers’ ... (full story)