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2025-12-12 14:46:15
[German Institute for Economic Research Lowers German Economic Growth Forecast] On November 11th local time, several major German economic research institutions released their winter forecast reports, showing that the German economy is expected to grow by only 0.1% in 2025, a further downward revision from the 0.2% growth forecast in the autumn, due to factors such as a significant decline in exports to the United States. The reports stated that the continued large-scale tariffs imposed by the United States are putting pressure on the global economy and trade, and the German economy is also undergoing profound structural changes. The reports project German economic growth of 0.8% and 1.1% in 2026 and 2027 respectively, both downward revisions of 0.5 percentage points from previous forecasts. (CCTV News)
