After several difficult years, economists now expect German economy to grow

German economy: A silver lining on the horizon?

After several difficult years, the German economy has regained its footing. Leading economic research institutes now expect the economy to grow by 1.3% in 2026 and by 1.1% next year — significantly more than was forecast back in the spring.

As to the reasons behind this, economists have pointed first and foremost to the global economy. Despite the war in Iran , they say, the economy is proving surprisingly robust.

"This is benefiting the German export sector, and underlying this is also the global boom in artificial intelligence ," said Oliver Holtemöller of the Leibniz Institute for Economic Research in Halle during the presentation of the latest report in Berlin.

Because of the blockade of the Strait of Hormuz has cut off supplies from competitors, German companies have seen increased demand from abroad for petroleum and natural gas-based chemical products, for example.

In addition, the construction of AI data centers is driving demand for German companies. Some examples include machinery for energy production and services related to information and communication. Government spending on infrastructure and defense is also a significant driver of this upswing.

本文の著作権はDeutsche Welleにあります。