Institute for Macroeconomics and Economic Research (IMK) recalibrates its expectations for Germany's Gross Domestic Product (GDP) in 2024.
šŸ“ˆ Key Observations:
Revised 2024 GDP projection: -0.3% (previously +0.7%) Current year forecast: A milder contraction of 0.3% (initially predicted at -0.5%)
I'm not familiar with the IMK. Will the public react to those projections or dismiss them?
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It's another state actor. Politics won't give a f..ck.... like the media. People are completely disconnected to the economy as an abstractum.
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