The German economy contracted at the end of the year on weaker investment, revised data from Destatis showed on Friday.
Gross domestic product slid 0.3 percent sequentially in the three months to December after stagnating in the third quarter. The statistical office confirmed the preliminary estimate published on January 30.
Data showed that household spending gained 0.2 percent and government consumption moved up 0.3 percent.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.