German Preliminary GDP contracts 0.1% QoQ in Q2 as expected

• German GDP declined 0.1% QoQ in Q2 vs. -0.1% anticipated.
• Annual German GDP rose 0.4% in Q2, meeting estimates.
• EUR/USD keeps the green above 1.1550 after the German Q2 GDP report.

The German economy contracted by 0.1% over the quarter in the second quarter of 2025, following a 0.4% increase in the first quarter, according to the preliminary data published by Destatis on Wednesday. Markets expected a 0.1% contraction in the reported period.

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