No respite for limping German economy as top institute drops forecast

NAMPA / DPA

2025-09-04

Munich (dpa) - A leading German economic institute on Thursday lowered its 2025 forecast for the country's struggling economy, in a further warning sign for Chancellor Friedrich Merz as he seeks to restore growth. The ifo Institute said gross domestic product (GDP) is likely to grow only 0.2% this year, a drop of 0.1 percentage point from its previous estimate. For 2026, the Munich-based institution expects economic output to rise by 1.3%, down......

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