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Macro - Country Economic Forecasts - Germany

Publisher Oxford Economics
Published Apr 17, 2025
Length 8 Pages
SKU # OFE20029153

Description

We left our near-term forecasts unchanged this month at 0% GDP growth for this year and 0.9% in 2026, with inflation at 2.1% in 2025 and 1.8% in 2026. This stability reflects the positive effects of the initial impact from Germany's fiscal sea change offset by the weaker and more uncertain global backdrop in light of the shifts in US trade policy.

Table of Contents

8 Pages
Germany: Fiscal policy shelters economy from tariff shock
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Alternative long-run scenarios
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

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