Germany Q4 final GDP -0.3% vs -0.7% q/q prelim

  • Latest data released by Destatis - 25 February 2022
  • GDP +1.8% vs +1.4% y/y prelim

A slightly better revision but it doesn't take away from the fact that the German economy slumped towards the end of last year amid the omicron variant impact. There is likely to be some residual spillover to Q1 but it should be less pronounced than anticipated.

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