The German economy logged a better-than-expected growth in the fourth quarter, driven by increased household and government spending and unemployment remained unchanged at the start of 2026, official data revealed Friday.
Gross domestic product grew 0.3 percent after remaining flat in the third quarter, flash data from Destatis showed. This was the first expansion in three quarters and exceeded the forecast of 0.2 percent.
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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.