German GDP, business sentiment beat expectations in latest sign of momentum
Exports and industrial output helped lift growth, while economists at KfW raised Germany’s 2026 forecast to 1.1% after the report.
- On Tuesday, Germany's statistics office, Destatis, revised second-quarter gross domestic product growth to 0.3%, up from July's initial 0.2% estimate, suggesting tentative recovery momentum.
- Destatis chief Ruth Brand stated that "growth was primarily driven by the positive development of exports," which rose 2% during the second quarter compared with the first.
- Factory output has ticked up in recent months despite geopolitical fallout, while household and government spending registered small increases; investment fell slightly due to machinery declines.
- The government now expects annual growth of just 0.5% for 2026 as the Middle East war impacts energy-intensive manufacturers, dimming hopes for rebound after Chancellor Friedrich Merz's spending blitz.
- Germany has faced stagnation for years due to high energy costs, increased competition from China, and tariffs imposed by United States President Donald Trump, complicating long-term growth.
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77 Articles
Exports of goods and services from the Federal Republic of Germany increased by 2 per cent.
The German economy grew slightly more strongly in the second quarter of this year than previously thought. According to new figures from the federal statistical office Destatis, the economy grew by 0.3 percent in the spring period compared to the previous three months. In a preliminary estimate, Destatis had reported a gain of 0.2 percent.
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The German economy remains robust despite all crises and is growing in a row in the third quarter. Is the long-awaited upswing - also thanks to government billions of investments - finally coming on stream?The German economy is sending a sign of life in the middle of all crises with a new mini-growth in spring.In the period April to June, the gross domestic product (GDP) increased slightly more strongly than initially calculated, as the Federal …
Germany’s economy defies downbeat expectations
Germany’s GDP grew faster than previously thought in the second quarter, defying fears that higher energy costs driven by the Iran war would torpedo Europe’s biggest economy. German firms may have benefitted from the fact that Asian rivals were hit even harder by the choking off of trade via the Strait of Hormuz, reducing competition, but the figures nevertheless bolster a growing case among economists that markets have been unnecessarily downbe…
The German economy grew by 0.3 percent in the second quarter and thus slightly more than expected. This is the third quarter with growth in a row. This is mainly due to the good development of exports, according to the Federal Statistical Office.
Germany's GDP grew 0.3% compared to the previous months, a figure which is slightly below the euro area average (0.4%) and the EU as a whole (0.5%).
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