15-May-2026
Economy News
 
German Economy to Take Hit From Iran War During Q2, Ministry Says
15-May-2026

Economic growth in Germany, which was just 0.3% in the first quarter, will likely take a significant hit from the effects of the Iran war in the second quarter, the federal economy ministry warned on Friday. "Rising prices, supply chain issues and uncertainty are weighing on sentiment among businesses and households," the ministry said in its monthly report.

News Source:- https://money.usnews.com/investing/news/articles/2026-05-15/german-economy-to-take-hit-from-iran-war-during-q2-ministry-says