He Gross Domestic Product (GDP) of Germany has exceeded expectations in the first quarter of the year, showing an increase of 0.4% intertrimestral after having fallen 0.2% in the last third of 2024. According to the German statistics office, this is the largest increase in the country’s economy since the third quarter of 2022. In addition, the figure improves market expectations, which expected a 0.2% rise.
At the interannual level, German economic growth has been 0% During the first quarter, improving the decrease of 0.2% previous and planned.
Euro reaction
The euro has risen after the news, rising to a daily maximum of 1,1344 against the dollar. At the time of writing, the EUR/USD quotes over 1,1338, winning 0.51% in the day.
Economic indicator
Gross Domestic Product (QOQ)
The GDP posted by DESTIATES It is an estimate of the total value of goods and services produced in Germany. GDP is considered a wide measure of economic activity and indicates the growth rate of the economy of a country. A reading superior to expectations is bullish for the euro, while a reading lower than the market consensus is bassist.
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Last publication: old May 23, 2025 06:00
Frequency: Quarterly
Current: 0.4%
Dear: 0.2%
Previous: 0.2%
Fountain: Federal Statistics Office of Germany
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
