The German economy expanded 0.1 percent quarter-on-quarter in the first quarter, the latest figures from the Federal Statistical Office showed Friday.
The growth figure, adjusted for seasonal and calender variations, was unchanged from the preliminary estimate released on May 15. This comes after a steep 0.7 percent contraction in the fourth quarter of 2012.
"One of the reasons for this small growth at the beginning of the year, however, was the extremely cold weather," the statistical office said in a statement.
In a quarter-on-quarter comparison, positive contribution came almost entirely from household final consumption expenditure, which rose 0.8 percent from the previous quarter.
Gross fixed capital formation continued its downward trend. Investment in machinery and equipment fell 0.6 percent quarter-on-quarter and in construction, it fell 2.1 percent. General government spending edged down 0.1 percent.
The balance of exports and imports had almost no effect on economic growth in the first quarter of 2013. Imports of goods and services fell 2.1 percent in the first quarter and exports decreased 1.8 percent.
The gross domestic product fell 0.2 percent year-on-year in the first three months of this year on a calender adjusted basis. At the same time, the unadjusted GDP fell 1.4 percent year-on-year. These numbers also matched preliminary estimates.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.