Germany Halves 2026 Growth Forecast On Iran War Fallout
Source ↗
👁 0
💬 0
The German government on Wednesday halved its 2026 growth forecast due to the Middle East war energy shock while vowing to step up reform efforts as criticism grows that it is moving too slowly.
Gross domestic product (GDP) in Europe’s biggest economy is expected to expand 0.5 per cent in 2026, officials said, down from a projection of one per cent made in January.
The government also cut its forecast for 2027 to 0.9 per cent, down from 1.3 per cent.
German Chancellor Friedrich Merz (C) ta
Gross domestic product (GDP) in Europe’s biggest economy is expected to expand 0.5 per cent in 2026, officials said, down from a projection of one per cent made in January.
The government also cut its forecast for 2027 to 0.9 per cent, down from 1.3 per cent.
German Chancellor Friedrich Merz (C) ta
Comments (0)