8 Articles
8 Articles
The German central bank confirms the slowdown of the largest European economy in the third quarter of 2026. War with Iran, industrial problems and loss of purchasing power threaten a recovery that Berlin hoped to consolidate before the end of the year.
The German central bank (Bundesbank) announced that the country's economy entered a temporary period of stagnation in the third quarter of the year. Rising energy prices due to the crisis in the Middle East are said to be suppressing economic activity, while inflation, which reached 3.3% in September, is expected to remain high in the coming months.
The activity of the German economy "probably stagnated in the third quarter of 2026", after the remarkable growth of GDP in the first half of the year, as assumed by the Bundesbank, the central bank of Germany, in its October bulletin.
As the German economy stagnates, inflation has reached its highest level in three years. The Bundesbank's October report revealed that high energy costs and transportation disruptions are suppressing both production and consumption. While growth could accelerate again in the last quarter of the year, developments in the Middle East are highlighted as crucial for a sustained recovery. Further price increases for fuel and healthcare are also on th…
A report published by the German central bank (Bundesbank) stated that the country's economy entered a temporary slowdown during the summer months after growing by 0.3 percent in the spring, and that inflation reached its highest level in three years due to the oil shock triggered by the crisis in the Middle East.
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