Financial News: German Economy Expands 0.3%

German Economy Expands 0.3%

05/22/2026 - 02:35:00 (RTTNews)

(RTTNews) - The German economy expanded at a slightly faster pace in the first quarter, as previously estimated, detailed data from Destatis showed Friday.

Gross domestic product grew 0.3 percent from a quarter ago, unrevised from the previous estimate and followed fourth quarter's 0.2 percent expansion.

"Following the slight increase recorded towards the end of 2025, the German economy also began 2026 in positive territory," Destatis President Ruth Brand said. "In particular, exports rose considerably at the start of the year, helping Germany's economic performance", Brand added.

On a yearly basis, GDP registered a calendar-adjusted growth of 0.4 percent, which was slightly faster than the initial estimate of 0.3 percent.

At the same time, the statistical office confirmed that price-adjusted GDP logged a steady annual growth of 0.5 percent in the first quarter.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Rebounds From Record Low In June (04 hr(s), 44 min(s), 30 sec(s) ago)
(RTTNews) - With consumers experiencing some relief due to the early-month easing in gasoline pric ...Full Story»

Brent Crude Oil Prices May Climb 36% In 2026 On Middle East Conflict: World Bank (05 hr(s), 34 min(s), 30 sec(s) ago)
(RTTNews) - The persisting conflict in the Middle East and the closure of the Strait of Hormuz are ...Full Story»

India Inflation Climbs To 3.93% In May (07 hr(s), 02 min(s), 30 sec(s) ago)
(RTTNews) - India's consumer price inflation accelerated further in May to the highest level i ...Full Story»

U.K. Economy Shrinks For First Time Since August (07 hr(s), 44 min(s), 30 sec(s) ago)
(RTTNews) - The U.K. economy contracted for the first time since August last year as the U.S.-Iran ...Full Story»

Hong Kong Industrial Output Growth Slows In Q1 (08 hr(s), 58 min(s), 30 sec(s) ago)
(RTTNews) - Hong Kong's industrial production expanded at a slower pace in the first quarter o ...Full Story»

Spain Inflation Stable At 3.2% (09 hr(s), 11 min(s), 30 sec(s) ago)
(RTTNews) - Spain's consumer prices logged a steady increase in May, final data from the stati ...Full Story»

Croatia Producer Price Inflation Eases To 6.7% (09 hr(s), 20 min(s), 30 sec(s) ago)
(RTTNews) - Croatia's producer price inflation slowed slightly in May from a 31-month high in ...Full Story»

Turkey Current Account Deficit Narrows In April (09 hr(s), 33 min(s), 30 sec(s) ago)
(RTTNews) - Turkey's current account surplus decreased in April from a year ago, according to ...Full Story»