Press release December 21, 2022

› Baden-Württemberg

Growth comes to a standstill (in German).

In the fourth quarter of 2022, Baden-Württemberg's gross domestic product (GDP) declined by 0.2 percent compared to the previous quarter after price and seasonal adjustments, according to the current nowcast by the IAW and the University of Hohenheim. Slight economic growth of 0.3 percent is again forecast for the first quarter of 2023. Thus, the predicted economic situation worsens compared to the previous nowcast from September 2022.

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