Latest data released by Destatis - 29 October 2021
- Prior +1.6%; revised to +1.9%
- GDP (non-seasonally adjusted) +2.5% y/y
- Prior +9.8%
- GDP (working day adjusted) +2.5% y/y
- Prior +9.4%
German economic growth misses on estimates for Q3, reaffirming some added headwinds for the economy amid ongoing supply and capacity constraints. Higher inflation heading into year-end will only add to the list of worries.
