Several leading German economic think tanks on Thursday announced they had increased their earlier GDP growth forecasts for the country.
New numbers now predict an uptick of 1.3% for 2026, more than double that of spring forecasts of 0.6% growth.
In their so-called “Autumn 2026 Joint Economic Forecast,” this year titled “Recovery Under Structural Stress — Fiscal Policy on Slippery Ground,” five institutes — the German Institute for Economic Research, the IfO Institute, the Kiel Institute for Global Economics, the Leibniz Institute for Economic Research Halle and the RWI-Leibniz Institute for Economic Research Essen also adjusted their economic outlook for 2027, predicting 1.1% growth.
The picture looks less rosy in 2028, when GDP is expected to slow to just 0.4% growth.
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