23 September 2022 | Other

Forecast: Germany's economy will decrease by 0.4% in 2023

The economy in Germany will be in recession for at least three quarters. This is the economic forecast made by the Handelsblatt Research Institute (HRI) for Germany. 

Since the first half of the year was not bad for the economy as a whole, the German economy is forecast 1.4 percent growth this year; HRI economists expect a 0.4 percent decline in 2023.

Company MarketCheese
Brent sell
Period: 11.07.2025 Expectation: 400 pips
Brent falls ahead of OPEC+ decisions
Yesterday at 10:05 AM 27
Period: 18.07.2025 Expectation: 900 pips
AUDCAD is likely to keep pulling back from its monthly high
Yesterday at 08:08 AM 26
Period: 10.07.2025 Expectation: 1200 pips
Selling USDJPY during rebound with 142.430 target
03 July 2025 51
Period: 11.07.2025 Expectation: 220 pips
Heatwaves across Europe and US support gas price recovery from recent lows
03 July 2025 138
Period: 08.07.2025 Expectation: 1500 pips
EURUSD rally faces potential correction toward 1.165
02 July 2025 77
Period: 09.07.2025 Expectation: 1400 pips
USDCAD declines amid US dollar weakness and improving Canadian trade prospects
02 July 2025 53
Go to forecasts