法兰克福11月11日电 —— 德国央行行长约阿希姆·纳格尔于周三表示，尽管深层次的结构性挑战继续拖累德国经济，但随着欧洲最大经济体的复苏速度快于预期，本季度经济增长将会加速。
FRANKFURT, Nov 11 - German economic growth will accelerate this quarter as Europe’s largest economy recovers faster than expected, even if deep structural challenges continue to hold it back, Bundesbank President Joachim Nagel said on Wednesday.
作为全球第三大经济体，德国在过去三年中的大部分时间里一直处于停滞状态，其庞大的工业部门丧失了部分竞争优势。今年复苏已开始站稳脚跟，政府在国防和基础设施方面支出的激增为其提供了额外的动力。
Germany, the world’s third-biggest economy, has stagnated for most of the past three years as its vast industrial sector lost some of its competitive edge. A recovery has started to take hold this year, and a surge in government spending on defence and infrastructure has given it an additional boost.
纳格尔在里加的一次会议上表示：“我们的中期评估显示，经济复苏比我们夏季时的预期更为强劲。第四季度的经济增长可能会加速。”今年6月，德国联邦银行预测2026年的经济增长率仅为0.5%，但目前大多数主流预测机构预计的增长率是该数字的两倍以上，并预计这种增长势头将在未来几年持续。
"Our interim assessments point to a stronger recovery than we were expecting in the summer," Nagel told a conference in Riga. "Economic growth is likely to accelerate in the fourth quarter." In June, the Bundesbank forecast economic growth in 2026 would be just 0.5%, but most major forecasters now see a growth rate of more than twice that and expect it to hold up in the coming years.
纳格尔指出，今年真正的惊喜是制造业的复苏，尤其是化学品和电气设备产量的恢复，订单水平表明这种趋势可能会持续下去。
The real surprise this year was the recovery of manufacturing, especially chemicals and electrical equipment output, and order levels suggest that this trend is likely to continue, Nagel said.
纳格尔补充说：“然而，复苏尚未全面展开。私人消费依然低迷，机械和设备投资在第二季度有所下降。”纳格尔还指出，德国的潜在增长率依然特别低，需要进行深层次的结构性变革来提升这一增长率。
"However, the recovery is not yet broad-based," Nagel added. "Private consumption remains subdued, and investment in machinery and equipment declined in the second quarter." Nagel also noted that the potential growth rate of Germany remains especially low and deep structural changes are needed to lift this.
纳格尔表示，随着适龄劳动人口的减少，德国需要进行劳动力市场改革，需要致力于推动能源行业向碳中和转型，并必须找到促进更强劲私人投资的方法。你确定你的AI没有对那只股票产生幻觉吗？无论如何，它听起来都很自信。这就是问题所在。InvestingPro是专为投资者打造的AI。
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