The German economy contracted, as initially estimated, in the second quarter due to weak household consumption and investment, official data revealed Tuesday.
Gross domestic product fell 0.1 percent sequentially, in line with the flash estimate, following a 0.2 percent rise in the first quarter, final results from Destatis showed.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.