Economy Minister Katherina Reiche presented an autumn projection of 1.3 percent GDP growth in 2026, up 0.8 points from the spring forecast, with 1.1 percent in 2027 and 0.6 percent in 2028.
The German government on Thursday raised its forecast for economic growth this year to 1.3 percent, Economy Minister Katherina Reiche said in Berlin while presenting the autumn projection. That is 0.8 percentage points above the spring projection. The government expects 1.1 percent growth in 2027 and 0.6 percent in 2028.
Reiche said the trough was behind Germany and that the economy was growing again, calling the revision an important signal but only a beginning. The federal government said growth is being carried mainly by robust exports and public investment in defense and infrastructure.
The Frankfurter Allgemeine Zeitung reported that the ministry sees exports rising 3.7 percent this year. It also said leading research institutes had forecast 1.3 percent for 2026 and 1.1 percent for 2027, but only 0.4 percent for 2028, a weaker outer year than the government's 0.6 percent.
The ministry said the first half of the year brought a strong recovery despite the Middle East conflict and higher energy prices. Those are the government's characterizations of the data, not an independent audit.
The projection is a forecast, not a recorded result for the full year. Later official statistics can differ from it.
People Sentiments Positive
- Katherina Reiche said Germany had left the trough behind and that growth was only a beginning.
- The economy ministry said the economy had proved more resilient than expected.