Timo Wollmershäuser

Timo Wollmershäuser is the Head of Forecasts at the Ifo Institute, a leading German economic research institute. He is currently newsworthy due to the institute's significantly lowered economic growth forecasts for Germany, particularly for 2026. These revised projections are a result of the energy price shock stemming from the (hypothetical) Iran war and its impact on the German economy. Wollmershäuser and his colleagues presented these findings in a joint economic forecast, highlighting that Germany may need to adjust to near-zero growth rates. The institute's revised outlook suggests that the anticipated economic recovery is faltering, with the energy crisis acting as a major impediment to growth. This assessment is relevant because it signals potential economic challenges for Germany, impacting policy decisions and business strategies.