Germany sees slow economic recovery as energy prices weigh

June 12, 2026 4:22 AM EDT

FILE PHOTO: A display board shows the current prices of petrol and diesel at a gas station, in Munich, Germany May 2, 2026. REUTERS/Angelika Warmuth/File Photo

BERLIN, June ‌12 (Reuters) - ​Germany's ​economic recovery is likely ‌to proceed in small ⁠steps at best, depending ‌on the conflict ‌in the Middle East, and energy ​and commodity prices, the economy ⁠ministry said on Friday.

The ministry ​added in its monthly report that economic ​momentum likely ‌slowed noticeably in the second quarter, ⁠with industrial production expected to show ⁠only modest growth in ​the coming months and no upturn in labour ‌demand anticipated even during the summer ‌due to ⁠higher energy ‌prices.

(Reporting by ​Thomas Seythal, Editing by Linda ‌Pasquini)



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