German Q1 GDP up adj 0.2% vs Q4
Down 0.2% yr/yr on price and calendar adjusted basis (Il Sole 24 Ore Radiocor) - Berlin, 30 Apr - In the first quarter, German GDP, on a price, seasonally and calendar adjusted basis, rose 0.2% on the previous quarter, according to the statistics office Destatis.
Year on year, GDP fell 0.9% on a price adjusted basis and 0.2% on price and calendar adjusted basis.
Destatis revised its estimates for 2023. The latest calculations show that economic performance in 2023 as a whole declined by a price adjusted 0.2% compared with a previous estimate of 0.3%, and was unchanged after adjustment for price and calendar effects against a previous estimate of a 0.1% decline.
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(RADIOCOR) 30-04-24 10:20:11 (0294) 5 NNNN