News Alert: German Final GDP Dips to -0.2%
Arslan Butt • 1 min read
As the Federal Statistical Office (Destatis) already reported in its first release of 14 November 2018, the gross domestic product (GDP) in the third quarter of 2018 was 0.2% lower – upon price, seasonal and calendar adjustment – than in the second quarter of 2018.
This was the first quarter-on-quarter decrease since the first quarter of 2015. In the first half of 2018, the GDP had increased, by 0.5% in the second quarter and by 0.4% in the first quarter.