Economy: Federal Government significantly raises growth forecasts
The autumn projection is to be presented by German Minister of Economic Affairs Katherina Reiche next week. Germany's forecast is surprisingly positive.
The German government is set to raise its growth forecasts for the next years, following economic research institutes. The new projections foresee growth of 1.3% this year and 1.1% next year, with GDP growth slowing to 0.6% in 2028. The upgraded forecasts are due to be presented by Federal Minister of Economics Katherina Reiche next week. The previous estimates, made in the spring, were 0.5% for 2026 and 0.9% for 2027. Government investment in infrastructure and the military is driving the economic upswing.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
