German economic institutes lift 2026 growth forecast to 1.3%
Germany's top economic institutes have raised their growth forecast for 2026 to 1.3%, up from an earlier projection of 0.6%, a media report says.
Germany's leading economic research institutes have raised their growth forecasts for Europe's largest economy for both this year and next, according to a media report on Monday.
The institutes now expect the German economy to expand by 1.3% in 2026, a significant upward revision from their previous estimate of 0.6%.
The revised projections, reported by Handelsblatt, cover both 2026 and 2027, though specific figures for the latter year were not disclosed in the report.
The upgrade signals growing confidence among Germany's top economic research bodies about the country's growth trajectory over the medium term. The earlier forecast of 0.6% growth for 2026 had reflected a more cautious assessment of the economy's momentum.
Germany, which serves as the industrial engine of the European Union, has faced headwinds in recent years, making the revised outlook a notable development for the wider eurozone economy.
The report did not provide further details on the assumptions behind the revised figures or the specific forecasts for 2027.