# German economy expected to grow in 2024, official says
Published: 2024-02-13
Category: Headlines
Category URL: https://blockchaintribune.com/category/headlines/
Meta Title: Germany Economic Growth Forecast 2024 Revealed by Official
Meta Description: Chancellor Olaf Scholz's chief of staff expects Germany's economy to expand in 2024 despite no recession. Labour market stable, wages rising.
URL: https://blockchaintribune.com/german-economy-expected-to-grow-in-2024-official-says/

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## **German economy expected to grow in 2024, official says**   BERLIN (Reuters) – Germany is not in recession and its economy is expected to grow in 2024, Chancellor Olaf Scholz’s chief of staff, Wolfgang Schmidt, said on Tuesday.    “We don’t have a recession. We are not seeing anything that normally accompanies a recession, such as unemployment. The labour market is very stable, real wages are rising again. We will see growth this year,” Schmidt told an industry event.        (Reporting by Andreas Rinke, Writing by Rachel More; editing by Bartosz Dabrowski)


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