30.10.2026 - With a growth rate of just 0.2%, the economic recovery is losing momentum. The government’s debt-financed investments in infrastructure and defence, coupled with exports, have supported the economy so far this year. However, weaker impulses from abroad alone are insufficient to set the German economy on a sustainable growth path. A broad-based investment surge in private-sector equipment and capacity expansions is lacking. Initial findings from the latest DIHK business survey show that businesses remain reluctant in terms of investment and employment.

A self-sustaining recovery can only succeed if the internationally high energy costs are permanently reduced and the long-discussed reforms of social security systems are finally implemented. These measures would offer companies the prospect of more competitive labour costs. Additionally, the EU should facilitate access to sales markets and essential raw material supplies through new trade agreements. It is crucial to make it more attractive to invest and produce at the German and European locations again.