The association now sees the German economy contracting by 0.3% this year, compared with their previous forecast of a 0.5% decline. Their forecast for overall exports is for a decline of 2.5% through the course of 2025. Meanwhile, they see German inflation holding at 2.1% this year and that’s just marginally lower from the 2.2% estimate in 2024.
This article was written by Justin Low at www.forexlive.com.