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Germany – Upwards in the economic cycle
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© Commerzbank
28 August 2026: Germany – Upwards in the economic cycle
The German economic cycle appears to have turned to the upside The main driver of the fairly robust growth over the past three quarters has been stronger foreign demand, while government investment has not yet risen sustainably, despite the special funds. Leading indicators offer hope that this recovery will continue. However, the continued weakness in private investment serves as a reminder that the structural problems facing the German economy will continue to hold back economic growth.
