
AI-generated summary
The German economy has shown weak growth figures in recent years. The IMF had previously forecast growth of 0.6 percent for 2026.
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Latest economic data IMF significantly raises forecast for the German economy
The International Monetary Fund is more optimistic about Germany's economy: in 2026, growth is expected to be 1.3 percent, more than twice as strong as expected in July. Things are also looking rosier for the global economy.
October 13, 2026, 5:01 a.m
AI outlook — possibilities, not facts
The German economy will grow by 1.3 percent in 2026.
Likely · Within months
The euro zone will grow by 1.1 percent in 2026.
Likely · Within months

The DAX is expected to be slightly below the previous day's level, while the IMF is raising its growth forecast for Germany to 1.3 percent. Investors are looking to the start of the US reporting season with banks and healthcare companies. Oil prices remain high after Houthi attacks on Riyadh, with Goldman Sachs raising December Brent forecast to $90. Asian markets weaken amid geopolitical tensions and falling US semiconductor stocks.

The International Monetary Fund has raised its growth forecast for Germany to 1.3 percent in 2026 - almost twice as high as previously expected. The IMF also sees a slight improvement for 2027. The improvement is attributed to government investments in infrastructure and defense as well as exports. At the same time, the IMF is warning of a possible AI hype crash that could weigh on tech stocks.

The employees of the Galeria department store chain are waiting for the Federal Employment Agency's decision on insolvency money for around 12,000 employees. According to Handelsblatt, financing has been secured until Wednesday after Gordon Brothers provided a low double-digit million amount. The insolvency administrator Frank Kebekus confirmed that the financing had been secured to business partners.

The International Monetary Fund (IMF) has revised its economic forecast for Germany and the global economy upwards. For Germany he now expects GDP growth of 1.3 percent in the current year, 0.6 percentage points more than previously forecast. Global economic output was also increased to 3.1 percent. However, the IMF warns of a two-fold outlook: While industrialized countries benefit from AI investments, poorer countries face difficult decisions due to rising energy prices.

Ahead of the start of the US earnings season, investors are showing caution due to rising oil prices, geopolitical uncertainty in the Middle East and interest rate concerns. The Dow Jones gained 0.4 percent, while the Nasdaq and S&P 500 closed little changed. The reporting season begins on Tuesday with the major US banks. Oil prices rose despite Trump's diesel deal with Russia due to attacks on Saudi facilities. Microsoft surpassed the $4 trillion mark for the first time in a year thanks to planned AI chips, while Salesforce and eBay rose and semiconductor stocks and IonQ fell.

An eventful week began on Wall Street with an inconsistent start for the US stock markets. Microsoft shares topped a key mark for the first time in about a year, while the Dow Jones rose slightly, the S&P 500 stagnated and the Nasdaq lost 0.4 percent. Oil prices rose again in the afternoon after Trump announced an immediate energy ceasefire between Russia and Ukraine, although Russia did not confirm it.