The German economy grew more than initially estimated in the fourth quarter driven by construction investment and exports, revised data from Destatis showed on Wednesday.
Gross domestic product grew 0.3 percent sequentially in the fourth quarter instead of 0.1 percent estimated previously. However, this was much slower than the 8.5 percent rebound seen in the third quarter due to the renewed lockdown at the end of the year. On a yearly basis, the decline in GDP slowed to 3.7 percent from 4 percent. The fourth quarter rate was revised from -3.9 percent. The price-adjusted GDP dropped 2.7 percent annually after easing 3.9 percent in the third quarter. According to flash estimate, GDP was down 2.9 percent in the fourth quarter.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.