BDI has moderated its forecast for this year’s German GDP decline
This year’s decline in gross domestic product (GDP) will be smaller than previously indicated, but the German Confederation of Industry sees opportunity, in BDI’s latest quarterly report.
The BDI (Bundesverband der Deutschen Industrie e.V.) in its third-quarter report, published on its website on Friday, cut its forecast for this year’s GDP decline to 5.4 percent from the 6.5 percent in August. (MTI)
Related news
Amazon stops offering Fresh home delivery in Germany
After seven years, US-based Amazon is to discontinue its Fresh…
Read more >Seven In Ten Younger Consumers Use Self-Checkouts Regularly In Germany
A new study by KPMG and the EHI Retail Institute…
Read more >Péter Benő Banai: next year, the Hungarian economy may grow above 3 percent
Next year, the Hungarian economy, relying on the policy of…
Read more >Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >Milk and dairy products are becoming more expensive: what is behind the price increase?
The price of milk and dairy products has increased significantly…
Read more >