The retail, restaurant, manufacturing, automotive, agricultural, and tech industries will continue to see job cuts this year as demand slows and prices increase.
Category: TRENDS ON THE GLOBAL ECONOMIC FRONT – Jan 21 2025
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CONFIRMED: GERMANY IS IN DRAGFLATION
The German economy contracted by 0.2 percent last year after shrinking by 0.3 percent in 2023, the Federal Statistics Office (FSO) said, while inflation in December was at 2.8 percent.