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Trading news
30 Jul 2025
German Preliminary GDP contracts 0.1% QoQ in Q2 as expected
- German GDP declined 0.1% QoQ in Q2 vs. -0.1% anticipated.
- Annual German GDP rose 0.4% in Q2, meeting estimates.
- EUR/USD keeps the green above 1.1550 after the German Q2 GDP report.
The German economy contracted by 0.1% over the quarter in the second quarter of 2025, following a 0.4% increase in the first quarter, according to the preliminary data published by Destatis on Wednesday. Markets expected a 0.1% contraction in the reported period.
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