Prior -0.3%Q3 GDP (non-seasonally adjusted) +0.3% vs +0.3% y/y prelimPrior -0.2%Q3 GDP (seasonally adjusted) +0.3% vs +0.3% y/y prelimPrior +0.2%
No changes to the initial estimates as the German economy grinds to a halt in the third quarter this year. Amid more stubborn price pressures as well, stagflation risks are a consideration as we look towards the turn of the year for Europe’s largest economy.
This article was written by Justin Low at investinglive.com.