Economic experts have lowered their forecast for Germany’s economic growth to 0.0%, although in autumn 2024 growth was expected to be 0.4%, German media reported, citing experts.
Experts believe that in 2025, the German economy will still be in a “pronounced phase of weakness,” but in 2026, the economy may recover somewhat and show growth of 1%.
In their opinion, bureaucratic requirements and lengthy budget approval procedures are slowing down growth.
Experts also predict that unemployment will rise to 6.2% in 2025, but inflation will continue to decline slightly to 2.1% in 2025 and 2% in 2026.
At the end of last year, former German Economy Minister Robert Habeck from the Green Party also expected the economy to stagnate at 1% in 2026.
