German Consumers, Businesses aren’t Optimistic about the Economy in 2023 

German firms are pessimistic about the coming Year

Roughly three out of five German firms are pessimistic about the coming year — that’s according to a new survey released by the German Economic Institute in Cologne. While some economists are hoping that interest rates will retreat in coming months, prices will still rise unless the rate falls back closer to zero.
 
Credit to : DW News