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German institutes revise forecasts upward despite still fragile economy
Business
Экономика

German institutes revise forecasts upward despite still fragile economy

SAPO Notícias3 September 2026 at 13:00

The Ifo institute, based in Munich, revised upward its forecast for Germany's Gross Domestic Product (GDP) growth, now estimating an expansion of 1.4% this year. Previously, the institute's report pointed to growth of only 0.8%. This revision represents a significant improvement in expectations for the German economy. Despite the positive revision, the article highlights that Germany's economy still remains fragile, indicating that the country's economic challenges have not been fully overcome.

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