The ifo Institute has withdrawn its growth forecast for the current year. Zero growth is currently expected, instead of the previous slight increase of 0.4%. The institute also lowered its forecast for the coming year. The researchers say that the economy will not grow more strongly again until 2026 , by 1.5%. With the current poor order situation, there is too little investment, especially in industry. Productivity has been stagnant for years. One bright spot: The inflation rate will continue to decline, from an average of 5.9% last year to 2.2% this year.