Germany expects recession spanning three quarters in a row, starting in Q3 2022 | Forexlive

A harsh winter beckons for the German economy and the forecasts certainly underscore that. The energy crunch and soaring inflation pressures are to hit households hard, and these aren’t issues that are going to go away any time soon. I would not be surprised if the recession lasts for longer.

It wasn’t just six months ago that the same lawmakers and policymakers were all telling us that a recession could be avoided. Fun times. ?