The German Chamber of Commerce and Industry ruled out that the German economy would achieve growth in 2025, expecting the expected recession to continue during the current year.
The Chamber forecasts that Germany's economy will record zero growth in 2025 after the expected recession this year, making 2025 the third consecutive year without economic growth in Germany.
Those forecasts suggest that the Chamber of Commerce and Industry is more pessimistic than the German government, which expects the country to achieve economic growth of 1.1% over the next year. The government hopes to increase private consumption and export more industrial products during the same period.
