Ifo Institute raises German growth forecasts for 2026-2028
Ifo Institute now expects German growth of 1.4% in 2026, 1.2% in 2027 and 0.8% in 2028, after previously forecasting 0.8% for this year and the next. It cites expansionary fiscal policy and additional infrastructure spending.
The think tank now sees growth of 1.4% in 2026, 1.2% in 2027 and 0.8% in 2028, after previously forecasting 0.8% growth for this year and the next. It said expansionary fiscal policy will support the economy over the full forecast horizon. The institute also pointed to additional government spending on infrastructure, c…