Germany's Insolvency Applications Soar by 26.2%

Preliminary data from the Federal Statistical Office (Destatis) reveals a substantial surge in insolvency applications in Germany. January witnessed a remarkable 26.2% increase compared to the same period last year, surpassing December's 12.3% rise. This persistent trend of double-digit growth rates since June 2023 underscores the intricate dynamics of the economic landscape.

#Insolvency #EconomicIndicators #Germany