BUSINESS German GDP shrinks 0.1% in Q2: official data


German GDP shrinks 0.1% in Q2: official data


14:40, August 14, 2019


(File photo: VCG)

Germany's economy contracted in the second quarter, preliminary official data showed Wednesday, as the export-oriented country battles global trade and growth headwinds.

Gross domestic product (GDP) was 0.1 percent smaller in April-June than the previous three months, federal statistics authority Destatis said. The figures were in line with forecasts from analysts surveyed by Factset.

Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue