Germany Q3 preliminary GDP +1.8% vs +2.2% q/q expected

Author: Justin Low | Category: News

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.Invest in yourself. See our forex education hub.

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