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Germany, confirmed (weak) +0,1% GDP. Keep the question internal

The increase is on a cyclical basis in the second quarter of the year – Household consumption fell by 0,7%, while domestic demand marked a step forward of 0,3%.

Germany, confirmed (weak) +0,1% GDP. Keep the question internal

A growth of 0,1% of Germany's GDP in the second quarter of 2011 compared to the previous one. And 2,8% on an annual basis. These are the data published this morning by the German Statistical Office, confirming the (uninspiring) preliminary figures.
This time the details of the general index were also disclosed, which show a negative contribution of 0,7% on a quarterly basis of household consumption, +0,3% for the domestic demand component, +0,2% of public spending and a 0,3% deterioration in the trade balance compared to the January-March period.

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