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macroJul 27, 2026, 6:30 PM

Commerzbank Warns High Energy Prices to Drag on German Economy in H2 2026

Commerzbank’s Jörg Krämer expects elevated energy costs to limit Germany’s growth in the second half of 2026, capping full-year expansion.

EURUSD

Commerzbank’s chief economist, Jörg Krämer, assesses that Germany’s recovery potential is being held back by persistently high energy prices. In the second half of 2026, these costs will continue to act as a brake on economic activity.

The analysis suggests that while some structural recovery may be underway, the energy drag will keep full-year growth in check. No specific growth figures were provided in the excerpt.

Source: FXStreet Forex News