Germany lifts GDP forecast as economy withstands Iran war
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Germany raised its full-year GDP growth forecast to 1.3%, from 0.5% in April, citing greater-than-expected resilience. The report says the economy has withstood the effects of the Iran war.
The government lifted its full-year growth projection to 1.3%, up from its April forecast of just 0.5%, as the German economy proved more resilient than expected.