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German economy ministry revises 2025 growth forecast up slightly to 0.2%

German economy ministry revises 2025 growth forecast up slightly to 0.2%

People enjoy the view of the skyline with its financial district ion early evening in Frankfurt, Germany, October 5, 2018. REUTERS/Kai Pfaffenbach

Germany’s economy ministry revised its growth forecast for this year up to 0.2% from an earlier forecast of zero, a source familiar with the forecasts told Reuters.

The ministry forecasts 1.3% growth for next year and 1.4% growth for 2027.

Europe’s largest economy has registered little growth at all since the onset of the COVID-19 pandemic followed by Russia’s full-scale invasion of Ukraine and the launch of U.S. President Donald Trump’s tariffs.

(Reporting by Holger Hansen)

 

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