69 percent of Germans expect the economic situation to worsen. 28 percent do not expect a major change, only two percent expect a positive development.
Only ten percent describe the current economic situation as good. After a decline in economic output in 2023, the federal government only expects mini-growth of 0.2 percent this year. The Bundesbank currently sees no signs “that the situation on the labor market will noticeably worsen as a result of the weak economy.” Despite slashed forecasts that see Germany as the bottom performer in the euro area this year, the German stock market index Dax is rushing from record to record.