Press release June 13, 2022

› Baden-Württemberg

Considerable pressure on the economy (in German).

The Russian war of aggression against Ukraine has massively worsened economic expectations. However, these developments are still only partly reflected in the economic value added and the corresponding short-term forecasts. According to the current Nowcast of the IAW and the University of Hohenheim, Baden-Württemberg's gross domestic product (GDP) fell by 0.2 per cent in the second quarter compared to the first quarter, but slightly positive growth is forecast again for the following quarter.

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