The German economy logged an unexpected faster growth in the first quarter, despite challenges posed by the war in the Middle East.
Gross domestic product grew 0.3 percent sequentially in the first quarter, slightly faster than the revised 0.2 percent expansion seen in the fourth quarter of 2025, preliminary estimate from Destatis revealed Thursday. The pace of growth was expected to ease to 0.1 percent.
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Forex News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.