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German institutes lift 2026 and 2027 growth forecasts, weak 2028

Germany’s leading economic institutes raised forecasts for 2026 and 2027 growth but expect only meagre growth in 2028, sources told Reuters. The German economy is forecast to grow 1.3% in 2026.

Germany’s leading economic institutes have raised their forecasts for economic growth in Europe’s largest economy for this year and next, but expect only meagre growth in 2028, sources told Reuters on Tuesday. 3% in 2026, compared with an earlier estimate.