Home German prelim GDP contracts 0.2% in Q3, a slight miss on expectations

German prelim GDP contracts 0.2% in Q3, a slight miss on expectations

Published date: 14 Nov. 2018 | 08:03

On Wednesday, the German preliminary GDP reading from Destatis showed that Europe’s top economy contracted by 0.2% inter-quarter in Q3 while grew by 1.1% YoY vs. previous revised readings at 0.5% and 2.0%, respectively. The growth numbers missed estimates across the time horizon.

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