Germany's Federal Ministry for Economic Affairs and Energy slashes 2026 GDP growth forecast to 0.5% from 1.0%, citing Middle East war's impact on energy prices and economic recovery, with inflation expected to reach 2.7% this year as geopolitical shocks continue to weigh on Europe's largest economy.
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Germany Slashes 2026 GDP Forecast in Half on Middle East War Fallout

Germany's Federal Ministry for Economic Affairs and Energy slashes 2026 GDP growth forecast to 0.5% from 1.0%, citing Middle East war's impact on energy prices and economic recovery, with inflation expected to reach 2.7% this year as geopolitical shocks continue to weigh on Europe's largest economy.

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Key global economic indicators scheduled for August 22 include Japan's CPI, UK retail sales, Germany's GDP, Eurozone wage growth, and a speech by Fed Chair Jerome Powell.
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https://en.infomaxai.com/news/articleView.html?idxno=78135
Today's Global Economic Indicators and Schedule

Key global economic indicators scheduled for August 22 include Japan's CPI, UK retail sales, Germany's GDP, Eurozone wage growth, and a speech by Fed Chair Jerome Powell.

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