Financial Wire

IMF Trims German Economic Growth Forecasts for 2026, 2027

-- The International Monetary Fund cut its economic growth forecasts for Germany amid rising commodity prices caused by the ongoing war in the Middle East.

In its latest World Economic Outlook published Tuesday, the IMF now expects the country's gross domestic product to grow 0.8% in 2026, down from its prior projection of 1.1% in January.

For 2027, economic growth is expected to stand at 1.2%, lower than the previously anticipated 1.5%.

Meanwhile, the inflation rate in Germany is projected to reach 2.7% in 2026 before falling to 2.3% in 2027.

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IMF Trims German Economic Growth Forecasts for 2026, 2027 | Financial Wire