
Economics Minister Katherina Reiche corrects forecasts upwards – export industry as a growth driver
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The federal government had recorded weaker economic growth in previous forecasts. The new forecast corrects the values from spring upwards.
Berlin. Katherina Reiche (CDU) presented the federal government's economic forecast for the third time during her term as Federal Minister for Economic Affairs. The last two times she didn't have any good news to announce - the German economy simply didn't want to grow properly.
This time things turned out differently. The new forecast finally shows significant growth again. The German gross domestic product (GDP) is expected to rise by 1.3 percent this year and by 1.1 percent next year. “Germany is looking ahead a little more optimistically again,” said Reiche, confirming the figures that Handelsblatt had already reported on Tuesday. The bottom has been passed.
The government has more than doubled its forecast from the spring. The driver of growth is, of all things, the German export industry. For decades it was Germany's guarantee of growth; products “made in Germany” were in demand all over the world. Is the export economy finally strong again?

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The federal government has raised its growth forecast for 2027 to 1.3 percent. Despite positive impulses from exports and government spending, business associations warn of structural weaknesses and are calling for reforms to secure the location.