German Q2 GDP flash estimate rises 0.2% quarter-on-quarter, exports boost growth

Macro
โดย Reuters·Read original
Summary · why it matters

Germany's Federal Statistical Office released the flash estimate for second-quarter gross domestic product on the 30th, showing a 0.2 percent increase from the previous quarter. While rising exports boosted growth, household consumption was sluggish and business investment declined. Analysts polled by Reuters had forecast a 0.1 percent increase. The first quarter was revised up to 0.4 percent growth from the previously reported 0.3 percent.

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