(11/06/2021): Germany's economy could return to pre-crisis levels in Q3 2021, according to the Bundesbank.

(27/04/2021) Previous Forecast
Germany is battling an aggressive third wave of COVID-19 infections, which has been worsened by the highly infectious B117 variety, which was initially detected in the United Kingdom, and the sluggish introduction of pandemic vaccinations.

Economy Minister Peter Altmaier presented the German government's new growth estimate, predicting that GDP would expand by 3.6 percent next year and that the economy would reach its pre-pandemic level by 2022 at the earliest.

Also, several German firms have already said that supply issues with chips and other components would result in lower-than-expected second-quarter output.

Is Germany's economic strength an illusion of figures? – European CEO

(11/06/2021) New Forecasts
Bundesbank: GDP in Germany is expected to grow 1.7% in 2023, up from 1.8% in the previous year.

Bundesbank: GDP in Germany is expected to grow 5.2% in 2022, up from 4.5% in the previous year.

Bundesbank: GDP in Germany is expected to grow 3.7% in 2022, up from 3.0% in the previous year.
Germany's inflation also looking healthier in new forecasts, Bundesbank: German HICP inflation to be 1.7% in 2023, up from 1.6% previously, inflation in Germany is expected to reach 2.6% in 2021, up from 1.8% in the previous year.