The German economy stagnated in the third quarter as growth in investment was offset by the weakness in exports, revised data from Destatis showed on Tuesday.
The statistical office Destatis confirmed that gross domestic product remained unchanged on a quarterly basis, following a decline of 0.2 percent in the second quarter.
"Economic activity was hampered in the third quarter by weak exports, while investments increased slightly," Federal Statistical Office President Ruth Brand said.
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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.