German growth forecast cut as Europe scrambles to contain price shock from Iran war
Read our Privacy notice German growth forecasts for 2026 and 2027 were cut by experts on Wednesday as governments across Europe implement measures aimed at reducing the price impact of the Iran war. A group of five economic institutes predict German gross domestic product will expand by 0.6% this year — less than half the 1.3% they forecast in September — and by 0.9% in 2027, down from 1.4%. The economic outlook was below the government's own forecast, issued two months ago, of 1% and 1.3%...
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