Iran War - IW Lowers Economic Forecast for 2026 to 0.4 Percent
12 Articles
12 Articles
The Institute of German Economy (IW) significantly lowers its economic forecast for the current year. Were researchers at the Institute still ... The post Only 0.4 percent growth: Institute of German Economy significantly lowers economic forecast appeared first on Apollo News.
The employer-oriented institute of the German economy is still a bit more pessimistic than the federal government for this year. Growth could therefore be very low.
According to a new forecast, the growth of the German economy is significantly lower than previously assumed due to the Iran war.
With the Iran war, another economic burden hits Germany. After three years of recession and stagnation, the buffer is low to compensate for the effects.
After several years of economic weakness, Germany is once again threatening a phase of stagnation. "The Iran war has abruptly slowed down the already fragile recovery of the German economy," explained IW economic expert Michael Grömling, according to an analysis available to the Deutsche Presse-Agentur. Particularly the rising energy prices, uncertainties on the raw materials markets and new disruptions of international supply chains meet the ex…
The German Economic Institute (IW) has revised its growth forecast from 0.9 to 0.4 percent. The German economy is becoming increasingly decoupled from global markets – which points to a serious loss of competitiveness.
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