Germany Doubles 2026 Growth Outlook as Manufacturing Rallies
Published: 2026-10-08
Economics Contact us:Provide news feedback or report an error Confidential tip?Send a tip to our reporters Site feedback:Take our Survey By Kamil Kowalcze and Alexander Weber October 8, 2026 at 10:17 AM UTC Updated on October 8, 2026 at 11:33 AM UTC Germany more than doubled its growth forecast for this year after a stronger-than-expected first half, as robust exports and a surge in government spending outweighed weak consumer activity. Gross domestic product is expected to expand by 1.3% in 2026 — the fastest jump since 2017 — and 1.1% in 2027, the Economy Ministry said in its autumn projection. That compares with previous estimates 0.5% and 0.9%, respectively. It sees the advance slowing after, with 0.6% growth in 2028 as the economy remains subject to volatile geopolitics that have driven up energy prices.
Originally sourced from Bloomberg