German government raises forecast for economic growth to 1.3% in 2026, up from 0.5% in April, a person familiar with the draft said.

By Holger HansenThe German government has raised its forecast for economic growth to 1.3% in 2026 and 1.1% in 2027, a person familiar with the draft told Reuters on Thursday.The government expected 0.5% growth for 2026 and 0.9% in 2027 in its April forecasts.For 2028, the government expects growth…