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EXCLUSIVE-German Government Raises Forecasts for 2026 and 2027, Source Said
- The German government raised its economic growth forecast to 1.3% for 2026 and 1.1% for 2027, a person familiar with the draft told Reuters on Thursday.
- Despite higher prices from the Iran conflict and uncertainty caused by tariffs, the German economy showed resilience with 0.3% growth in the second quarter.
- Inflation reached 3.3% in September, the highest level in three years, with the government forecasting rates of 2.7% in 2026 and 3.0% in 2027 before easing to 2.2% in 2028.
- To assist citizens with fuel prices sent soaring by the Iran war, Merz's federal government will cut taxes on gasoline and diesel by €0.17 per litre from October through December.
- Growth of 3.7% is expected for exports this year, and the government will officially present the new economic forecasts on October 8.
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What Are the Reasons for the Rebound in Growth in Germany, Almost Three Times Higher than in France?
DECRYPTAGE - The German economy is credited with a GDP increase of 1.1% this year, compared with 0.4% for Hexagon. Experts and politicians, however, urge "prudence".
·Paris, France
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The autumn projection is to be presented next week by the Federal Minister for Economic Affairs Katherina Reiche. Germany's forecast is surprisingly positive.
·Düsseldorf, Germany
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The German government has improved its outlook for the German economy this year and next. Although the overall economy is recovering only gradually, the development in the first half of the year was significantly better than expected. This was stated recently by a government source, according to whom the government will announce official forecasts next week. I...
·Bratislava, Slovakia
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Total News Sources11
Leaning Left0Leaning Right3Center2Last UpdatedBias Distribution60% Right
Bias Distribution
- 60% of the sources lean Right
60% Right
C 40%
R 60%
Factuality
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