[Top economic research institutions expect Germany's economy to shrink in 2024] Golden Finance reported that sources told Deutsche Presse-Agentur on Tuesday that the German Ministry of Economy will release an official report on Thursday, which may indicate that the German economy will shrink in 2024. The department warned that Germany's gross domestic product (GDP) may fall by 0.1% this year. In the spring of this year, they expected the economy to grow slightly by 0.1%. The twice-a-year study includes contributions from top think tanks such as the Munich-based think tank IFO and the German Institute for Economic Research DIW. Sources said that researchers still expect Germany's economic output to be positive in 2025, but in the autumn report, the GDP growth forecast for 2025 has been revised from 1.4% in the spring to 0.8%. The coalition government led by German Chancellor Scholz is planning a series of measures to stimulate economic activity, but business groups complain that these measures are not enough and they want fundamental reforms. Their biggest complaints include: high energy prices, excessive bureaucracy and a shortage of skilled workers.