BERLIN (Reuters) – The German economy could grow between 1.6% to 1.9% next year, Economy Minister Robert Habeck said on Monday.
“We expected economic growth of 0.4% for this year … In 2024, we think we could get back to growth of 1.6%, 1.9%, so slowly reaching the normal rates again,” Habeck said in a speech at the east German economy forum in the state of Brandenburg.
In April, the government slightly lowered its 2024 growth forecast to 1.6% from the 1.8% foreseen in January.
(Reporting by Riham Alkousaa and Christian Kraemer; editing by Matthias Williams)