PitchBook：2024年第四季度德国私募与风投市场更新报告（英文版）

Macro In Q4 2024, German gross domestic product (GDP) growth sunk back into the negative and landed at -0.2% quarter over quarter (QoQ). GDP growth has continued to flip between positive and negative figures QoQ—a clear signal that the German economy is stalling. Q4 2024 marked the 10th consecutive quarter of this trend. Inflation, as measured by the consumer price index (CPI), grew to 2.8% in Q4, up from 1.8% in Q3. Greater inflationary pressure will arrive as unwelcome news for policymakers