FRANKFURT, Sept 21 (Reuters) – Germany’s leading economic institutes have raised their forecasts for economic growth in Europe’s largest economy for this year and next, Handelsblatt reported on Monday.
• The German economy is forecast to grow 1.3% in 2026, compared with an earlier forecast of 0.6%, Handelsblatt reported citing unnamed sources.
• For 2027, they forecast growth of 1.1%, up from an earlier forecast of 0.9%.
• Germany’s sluggish economy has been a big issue in the country’s recent elections that have resulted in big gains for the far right and far left.
• The forecasts are a joint effort by five prominent economic institutes – RWI in Essen, the Ifo institute in Munich, IfW in Kiel, IWH in Halle and DIW in Berlin.
• They didn’t immediately respond to a request for comment.
(Reporting by Tom Sims; Editing by Toby Chopra)
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