German economy sets to sink deeper into recession: DIHK

BERLIN, Feb. 15 (Xinhua) -- Germany's Chamber of Commerce and Industry (DIHK) forecasted a decline in economic output of 0.5 percent for 2024 on Thursday, indicating the country's economy to slip deeper into recession.

Last year, Germany's gross domestic product fell by 0.3 percent. After the structural crisis in the early 2000s, this is only the second time in post-war history that economic output has fallen in