Germany Q1 preliminary GDP +0.2% vs +0.1% q/q expected

  • Latest data released by Destatis - 30 April 2024
  • Prior -0.3%; revised to -0.5%

On paper, the headline reading is good news for Europe's largest economy. However, it comes after a negative revision to the Q4 numbers. There's no point looking backwards but that must be taken into context though. In any case, at least Germany is not succumbing to recession pressures to start the new year.

Top Brokers

Sponsored

General Risk Warning