11-June-2026
Economy News
 
Germany Risks Recession as Iran Energy Shock Hits Growth, DIW Economists Say
11-Jun-2026

Germany's economy is likely to slip into a technical recession this year as an energy price shock triggered by the war in Iran derails a fragile recovery, the DIW economic institute said on Wednesday, cutting its 2026 growth forecast in half. DIW Berlin now expects Europe's largest economy to grow by 0.5% this year and 0.8% in 2027, around half a percentage point lower than forecast in spring.

News Source:- https://money.usnews.com/investing/news/articles/2026-06-10/germany-risks-recession-as-iran-energy-shock-hits-growth-diw-economists-say