After a decline in gross domestic product at the end of 2022 and stagnation in the first quarter, the government expects growth to accelerate in the coming months. But some indices are not good, as shown by the severe decline in industrial production in March, announced on Monday.
The automotive sector was severely affected with a decline of 6.5% but also construction (4.6%) Energy-intensive industries are still suffering from price increases even though they have slowed. The German government is counting on growth of 0.4% over the whole of 2023.