German Preliminary GDP contracts 0.1% QoQ in Q2 as expected
Source Fxstreet
- German GDP declined 0.1% QoQ in Q2 vs. -0.1% anticipated.
- Annual German GDP rose 0.4% in Q2, beating estimates.
- EUR/USD keeps the green above 1.1550 after the German Q2 GDP report.
The German economy contracted by 0.1% over the quarter in the second quarter of 2025, following a 0.4% increase in the first quarter, according to the preliminary data published by Destatis on Wednesday. Markets expected a 0.1% contraction in the reported period.
Meanwhile, the annual GDP rate climbed by 0.4% in Q2 after reporting a no growth in Q1, while beating the market expectations of 0.2%.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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