Germany's economy logged a modest growth in the first quarter as the expansion in investment was partially offset by the contraction in exports and household spending, detailed data from Destatis showed on Wednesday.
Gross domestic product grew 0.2 percent sequentially in the first quarter, in contrast to the 0.3 percent decline seen a quarter ago.
Although mild, the expansion helped the economy to avoid a technical recession.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.