Germany's economy contracted by 0.1 per cent in the second quarter of 2025 compared to the previous quarter, according to preliminary data from the Federal Statistical Office (Destatis) on Wednesday. The decline follows a revised 0.3 per cent expansion in the first quarter. The drop was driven by weaker investment in equipment and construction, while both private and government consumption increased after adjustments for price, seasonal, and calendar effects. On an annual basis, gross domestic product (GDP) remained unchanged from the second quarter of 2024 in price-adjusted terms. However, after calendar adjustments, GDP rose by 0.4 per cent year-on-year, despite one fewer working day this quarter. Attribution: Amwal Al Ghad English Subediting: Y.Yasser
