Germany Suffered Lengthy Recession After All, Revised Data Show

Germany’s economy succumbed to a recession in late 2022 and didn’t grow for the two years that followed, according to revised statistics.

While data available before Wednesday have shown annual contractions for 2023 and 2024, the quarterly profile for gross domestic product in Europe’s largest economy hinted at a stop-go pace that never produced two consecutive periods of decline — the traditional definition of a recession.