The German economy stagnated in the fourth quarter, in line with the initial estimate, as the positive contribution to growth from investment was nullified by foreign trade, detailed data from Destatis revealed on Tuesday.
Gross domestic product remained flat sequentially after expanding 0.2 percent in the previous quarter. The statistical office confirmed the flash estimate released on February 14.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.