BERLIN, Feb 13 (Reuters) - The German economy will grow
slightly this year, the European Commission said Monday,
revising upwards its forecast for Europe's biggest economy which
it had previously expected to contract by 0.6%.
In its winter forecasts, the European Commision envisages
0.2% GDP growth for Europe's biggest economy in 2023, more than
expected in autumn due to the easing of energy prices and policy
support to households and firms.
German gross domestic product decreased 0.2% quarter on
quarter in adjusted terms in the fourth quarter.
Despite a recent improvement in confidence, the economy is
expected to suffer another mild decline in early 2023, as energy
prices for households are still increasing and government
support for January and February will only be disbursed in
March, the Commission said.
(Reporting by Maria Martinez, editing by Rachel More)
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