Germany's economic growth slowed 'somewhat' in the second quarter amid weak industrial production, the Finance Ministry said in its monthly report on Friday.
The economy is likely to grow at a moderate pace during the rest of the year, it said. Despite slower growth, tax revenues increased 7.5 percent in June to EUR 57.2 billion.
Official second quarter gross domestic product data is due on August 14. The largest Eurozone economy expanded 0.5 percent in the first quarter.
During the first half of 2012, government expenditure fell 1.5 percent from a year ago.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.