Germany's GDP grows 0.2% in Q1 2025 after late 2024 dip

Germany’s gross domestic product (GDP) grew by 0.2 per cent in the first quarter of 2025 (Q1 2025) compared with the fourth quarter of 2024 (Q4 2024), following a 0.2 per cent decline in the previous quarter, according to the Federal Statistical Office (Destatis).

Compared with the first quarter of 2024, GDP was down 0.4 per cent in price-adjusted terms and 0.2 per cent after price and calendar adjustments.

Both household final consumption expenditure and capital formation were higher than in the previous quarter.

The quarter-on-quarter figures are adjusted for price, seasonal and calendar variations, while year-on-year data are presented with and without calendar adjustment.

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