Bundesbank: German recession now expected in 2023, downturn not seen severe.

Inflation

• 2023: 7.2% (prev. 4.5%)
• 2024: 4.1% (prev. 2.6%)

GDP

• 2023: -0.5% (prev. 2.4%)
• 2024: 1.7% (prev. 1.8%)
• 2025: 1.4%