18-June-2026
Economy News
 
German Growth Hit by Iran War Energy Shock, IMK Says
18-Jun-2026

Germany's economy will grow less than previously expected this year and next as the Iran war and a resulting energy price shock weigh on consumption and investment, the IMK economic institute said on Thursday. The Macroeconomic Policy Institute (IMK) forecast gross domestic product would expand by 0.6% in 2026 and 0.9% in 2027, cutting its March projections by 0.3 and 0.7 percentage points respectively.

News Source:- https://money.usnews.com/investing/news/articles/2026-06-18/german-growth-hit-by-iran-war-energy-shock-imk-says
 
 
 

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