- Prior +0.1%
No changes to the initial readings, so that reaffirms the German economy having contracted by 0.2% as a whole last year. As mentioned before, if 2025 results in another year of contraction, it will mark the first time since the reunification in 1990 that Germany suffers three straight years of declining GDP.
This article was written by Justin Low at www.forexlive.com.
Related Articles
ECB’s Schnabel: It’s becoming increasingly unlikely that rates are holding back spending
The ECB's Schnabel is out with some hawkish comments:It is becoming increasingly...
USD mixed amid renewed tariff focus – Scotiabank
The US Dollar (USD) is trading mixed against the major currencies in...
ECB’s Schnabel: Subdued growth not proof of restrictive policy
Subdued growth not proof of restrictive policy.Can't say with confidence policy is...
Forexlive European FX news wrap: Cautious mood as we await the US consumer confidence data
ECB's Nagel: We should take one step at a time and not...
Leave a comment