Home market Germany grew 1.5% in Q2 mainly due to private consumption and public spending BUT missing 2% estimat

Germany grew 1.5% in Q2 mainly due to private consumption and public spending BUT missing 2% estimat

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Germany grew 1.5% in Q2 mainly due to private consumption and public spending BUT missing 2% estimate. In addition, German 1Q GDP revised to -2.1% from -1.8% on quarter so economic performance still 3.4% below pre-crisis level. h/t Holger Zschaepitz

Germany grew 1.5% in Q2 mainly due to private consumption and public spending BUT missing 2% estimat

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