According to a forecast of the industrialized organization OECD, economic growth in Germany remains weak.
The Organization for Economic Cooperation and Development (OECD) reduced its expectation to 0.3 percent – 0.1 percentage points less than stated in their previous economic outlook in June. Germany continues to form the reverberation compared to other OECD nations. The situation in this country should only improve in this year and the economy should increase by 1.1 percent.
According to the OECD, the global economy was “more resistant than expected” in the first half of this year, especially in emerging countries. The accepted global plus of 3.2 percent for 2025 is 0.3 percentage points higher than in the past forecast. In the coming year, growth should still be 2.9 percent.
Customs increases “not yet fully noticeable”
The OECD warned that the full effects of the customs increases that US President Donald Trump initiated this year are not yet fully noticeable. The US customs sets have increased to almost all countries since May.
In some countries, the OECD experts saw a weakening on the labor market, with increasing unemployment rates and less open positions in relation to the number of unemployed-including in Germany. This indicates a declining labor question, the report said. According to the report, Germany is also one of the countries with a decline in industrial production, together with South Korea and Brazil.
To enjoy forecast with caution
The economic report is subject to considerable risks: the risk of trade conflicts, for example, is not averted, the inflation pressure could increase again. According to the forecast, fluctuating ratings of crypto systems are a risk of financial stability. On the other hand, the reduction in trade restrictions or the influence of AI technologies could improve growth prospects, according to the OECD.