- 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.
This article was written by Justin Low at www.forexlive.com.
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