German Economic Advisers Cut 2024 Growth Forecast to 0.2%

GERMANY - BERLIN  - The German Council of Economic Experts cut on Wednesday its forecasts for economic growth this year, postponing the expected recovery of the euro zone's largest economy.

The panel expects 0.2% gross domestic product growth this year, cutting its autumn forecast of 0.7% growth, their forecast showed on Wednesday, as reported by Reuters on Tuesday.