Germany: Gross Domestic Product contracts by 0.2% (QoQ) in Q4 – by eren_fxstreet Germany GDP Macroeconomics
quarter. At an annualized rate, the Gross Domestic Product grew 1.1%, down from 1.3% recorded in the third quarter, and missed the market expectation of 1.3%.
adjusted private consumption expenditure, which had supported the German economy in the first three quarters, was lower than in the previous quarter."showed no immediate reaction and was last seen posting modest daily gains on the day at around 1.0880. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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