Germany Economic Development

I=8
Germany halved its GDP forecast for 2026 and lowered that of 2027 to 0.9% from 1.3% due to the ongoing Iran war

Italy also lowered its 2026 GDP forecast to 0.6% from 0.7%.

I=7
Germany’s S&P Global Composite PMI falling to 48.3 in April, below 51.1 expected

Germany’s S&P Global Composite PMI falling to 48.3 in April, down sharply from 51.9 in March and below market expectations of 51.1.

S&P Global Flash Germany PMI®: German private sector slips into contraction in April
as inflationary pressures continue to build