Germany's Q2 GDP Growth Slows
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Insights by Echo AI
Germany's GDP growth slowed in the second quarter, according to data released today. Seasonally adjusted GDP increased by 0.2% quarter-on-quarter, down from the previous quarter's 0.3% and below expectations of 0.1%. Year-on-year, GDP grew by 0.9% in nominal terms, matching estimates and up from the previous quarter's 0.5%. Working-day adjusted GDP also increased by 0.9% year-on-year.
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