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5/25, 8:01 AM (Source: TeleTrader)
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German GDP growth at 0.2% in Q1

Germany's gross domestic product (GDP) adjusted for price, seasonal and calendar variations grew 0.2% in the first quarter of 2022 in comparison to the previous three-month period, the country's Federal Statistical Office Destatis said in a report released on Wednesday.

Adjusted for price, the GDP expanded by 4% on an annual basis for the first three months of 2022.

The German economy contracted 0.9% compared to the fourth quarter of 2019, the last full trimester before the coronavirus pandemic began.

Baha Breaking News (BBN) / MS