Germany Raises 2026 Growth Forecast by More Than Double

Following a stronger-than-expected first-half performance, Germany has more than doubled its growth forecast for the year. Robust exports and a surge in government spending offset weak consumer demand. In its autumn outlook, the German Ministry of Economics projected GDP growth of 1.3% for 2026, marking the fastest pace since 2017, with an estimated 1.1% growth in 2027. The ministry stated Thursday that "the German economy is on a growth path and showing resilience stronger than expected." (Sina Finance)