Germany cuts economic growth forecast for this year down to 0%… Stagnation now on the menu

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BERLIN (Reuters) – The German government cut its economic forecast for this year and now foresees stagnation instead of 0.3% growth, a source told Reuters on Tuesday, confirming a report by the Handelsblatt newspaper.

For 2026, the government now expects growth of 1%, down slightly from its January forecast of 1.1%, according to the source.

The economy ministry declined to comment when asked about the forecasts and instead referred to a news conference on the new projections planned for Thursday.

https://uk.finance.yahoo.com/news/german-government-forecasts-economic-stagnation-094039286.html

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