Core Viewpoint - Germany's GDP for Q2 has been revised down, indicating a deeper economic contraction than previously estimated, which raises concerns about the country's recovery from previous downturns [1] Economic Performance - The seasonally adjusted GDP growth rate for Q2 was revised from -0.1% to -0.3%, while the unadjusted year-on-year GDP growth rate fell from 0.4% to 0.2%, against an expectation of 0% [1] - The poor performance of industrial production was highlighted as a significant factor contributing to the economic downturn [1] External Factors - The economic contraction is seen as a setback for Germany, undermining hopes for a quick recovery from the two-year recession following the outbreak of the Russia-Ukraine conflict [1] - The trade agreement reached in July between the EU and the US, which imposes a 15% tariff on most EU goods exported to the US, has faced strong criticism from the German industrial sector [1] Structural Issues - Germany's economy is also affected by global growth stagnation, geopolitical uncertainties, and long-standing issues such as an aging workforce and overly complex administrative procedures [1]
德国二季度GDP终值公布 萎缩幅超预期
Qi Huo Ri Bao Wang·2025-08-22 08:13