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2026-07-29T07:01:18.552Z

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German Central Bank Reports Modest Growth Despite Iran Conflict

German Central Bank Reports Modest Growth Despite Iran Conflict

The German Central Bank reported that Germany's economy experienced modest growth in the second quarter of 2026, despite the challenges posed by Iran's war and the impact of oil prices, with expectations of growth ranging from approximately 0.1% to 0.5%. The report indicated that exporters benefited from bottlenecks in intermediate goods, while consumers maintained their spending despite rising living costs, with inflation rates expected to increase again. Overall, the German economy continued to achieve limited growth despite difficult external conditions.

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