The Traderszone Network

Published in TZ Latest News 23 August, 2016 by The TZ Newswire Staff

Q2 2016 German GDP revision 0.4% vs 0.4% exp q/q

Details from the Q2 2016 German GDP revision data report 24 August 2016
– 3.1% vs 3.1% exp y/y NSA. Flash 3.1%. Q1 1.5%
– 1.8% vs 1.8% exp y/y WDA. Flash 1.8%. Q1 1.9%
There’s probably some relief that growth wasn’t revised down at all. The details show that consumption rose 0.3% overall but the investment numbers don’t make good reading.