Germany Expects Slight GDP Growth This Year, Upswing From 2026

The German government is expected to revise its economic growth projections upwards, aligning them with the forecasts made by the country's prominent research institutes. According to sources familiar with the matter, the government anticipates a modest GDP growth this year, with a more substantial upswing starting from 2026. The revised forecasts come as the German economy has shown signs of resilience, overcoming the challenges posed by the COVID-19 pandemic and the impact of the Russia-Ukraine conflict. The government's updated projections are likely to provide a more accurate reflection of the country's economic trajectory, offering a more optimistic outlook for the coming years. The move to align the official forecasts with those of the research institutes suggests a collaborative effort to provide a coherent and reliable assessment of Germany's economic performance, which is of crucial importance for policymakers, businesses, and the general public.