Over the forecasts of experts – especially in March, “unexpected good performance” were recorded – the details are noted in detail
The German economy was developed by 0.4% during the first quarter of the year, above the forecasts of experts. Especially in March, “unexpectedly good performance” were recorded, he said.
According to the Federal Statistical Service, its GDP Germany It increased by 0.4% from January to March 2025, more than 0.2% reported by the latest government’s assessment.
The reason for the highest growth was “unexpectedly good economic growth in March,” explained Ruth Brad’s president, adding that “in particular, production in the processing sector and exports developed better than originally expected.
In addition, car exports and medicines have supported the economy in the first quarter.
“The predictable impact on the trade conflict with the US are likely to have contributed to positive development,” as they accelerated some orders, reports in the statistical report report, while private consumer spending increased by 0.5% compared to the previous quarter as a result of the reduction in increasing salaries.
Investments have also increased by 0.5% in construction and 0.7% in mechanical equipment.
Many economists expected a slight recovery of the economy at the beginning of the year, but US unstable US duty policy limited the prospect of exports of the German industry.
Despite the poor growth, Germany’s economy faces the third consecutive year without growth – something that has not been repeated in the history of the Federal Republic.
The Council of Economic Experts recently announced that it expects stagnation for this year as well, but a 1% growth for 2026, mainly due to the possibility of stimulating the economy with the federal government’s billions of billions of defense and infrastructure.
Source: Skai
I am Janice Wiggins, and I am an author at News Bulletin 247, and I mostly cover economy news. I have a lot of experience in this field, and I know how to get the information that people need. I am a very reliable source, and I always make sure that my readers can trust me.