Final GDP data confirms Germany’s modest growth, aligning with earlier forecasts amid mixed eurozone economic signals.
Germany’s final first-quarter GDP rose 0.3% quarter-over-quarter, matching the preliminary estimate and the prior quarter’s growth. The figure reflects steady but sluggish economic expansion in Europe’s largest economy, driven by resilient domestic demand and easing supply chain pressures.
Economists had anticipated no revision to the initial 0.3% print, following a flat 0.0% reading in Q4 2023. Year-over-year, GDP growth remains subdued at 0.2%, underscoring persistent challenges from high energy costs and weak industrial activity.
Markets showed muted reaction, as the data reinforced expectations of gradual recovery without near-term acceleration. The euro held steady against the dollar, while German bond yields remained unchanged.