German Economic Recovery on the Horizon as Experts Revise Forecasts Upwards

Experts are optimistic about Germany’s economic recovery, predicting an end to a three-year crisis by 2026. Leading research institutes have revised their forecasts upwards, with the ifo Institute projecting GDP growth of 1.5% for next year, up from an initial 0.8%. The Kiel Institute for the World Economy (IfW) also raised its forecast to 1.6%. This positive outlook is attributed to increased exports, private consumption, and investment. However, unresolved trade disputes with the U.S. remain a risk, with potential tariff impacts threatening to reduce growth. Despite these challenges, domestic consumption and business investment are showing signs of recovery, signaling hope for sustained economic expansion.
— new from Gazeta Express

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