German economy could grow by up to 1.9% in 2024 - econ min

The German economy could grow between 1.6% to 1.9% next year, Economy Minister Robert Habeck said on Monday. 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.

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.