The International Monetary Fund (IMF) has revised its economic forecast for Germany, suggesting that the country is set to endure a more profound recession than previously anticipated. In a report released on Tuesday, the IMF painted a grim picture for Europe’s largest economy, indicating that it is likely to be the sole member of the Group of Seven (G7) highly industrialized nations that will not experience economic growth in 2023.

Germany’s economic woes have been exacerbated by high inflation and a noticeable decline in manufacturing output, according to the.....

https://ratecaptain.com/germany-faces-deeper-recession-imf-predicts-no-growth-for-2023/