德国二季度经济萎缩0.3%
Zhong Guo Xin Wen Wang·2025-08-23 03:50

Group 1 - The German economy experienced a 0.3% quarter-on-quarter decline in GDP for Q2 2025, revised down by 0.2 percentage points from initial estimates [1] - The decline was attributed to underperformance in the manufacturing and construction sectors, despite increases in private and government consumption [1] - Fixed asset investment and exports of goods and services saw a downturn, with a 0.6% decrease in goods exports linked to fluctuating U.S. trade policies [1] Group 2 - The German central bank's monthly report indicated a bleak global trade outlook, weak order conditions, and underutilized existing capacity, which may continue to suppress corporate investment activities [1] - The construction sector is not expected to provide significant support to the economy, and a poor job market along with slowing wage growth are limiting private consumption [1] - Analysts noted a positive signal with the August composite Purchasing Managers' Index (PMI) rising to 50.9 from 50.6 in July, marking the highest level since March and indicating expansion in business activity [1]