The quarterly reading beat expectations but slowed from the prior 0.3%, suggesting Europe’s largest economy remains steady rather than accelerating.
Germany’s flash gross domestic product (GDP, broad measure of economic output) grew 0.2% quarter on quarter, exceeding the 0.1% forecast while easing from the prior 0.3% pace. The reading points to modest resilience in Europe’s largest economy, but it also suggests momentum cooled rather than strengthened.