- Prior +0.4%
- GDP (non-seasonally adjusted) +0.5% vs +0.8% y/y expected
- Prior +1.2%
- GDP (working day adjusted) +1.1% vs +1.3% y/y expected
- Prior +1.3%
Well, so much for the hope that the German economy would've been able to squeeze out a bit of growth at the end of last year. This may just be the preliminary reading but it goes to show that even with a less harsh winter, Europe's biggest economy is facing up against daunting odds of beating a recession.
