Alemania - PIB - Tasa de crecimiento trimestral

Germany's gross domestic product grew by a seasonally-adjusted 0.1 percent on quarter in the three months to September 2019, rebounding from a revised 0.2 percent fall in the previous period and beating market expectations of a 0.1 percent contraction, a preliminary estimate showed. Growth was supported mainly by private and public spending, and investment in construction. Year-on-year, the economy expanded by a calendar-adjusted 0.5 percent in the third quarter, following a 0.3 percent growth in the previous three-month period and matching forecasts. On an unadjusted basis, the economy expanded 1.0 percent, recovering from a 0.1 percent contraction in the second quarter.

The German economy contracted a seasonally-adjusted 0.1 percent on quarter in the three months to June 2019, unrevised from the preliminary estimate and following a 0.4 percent growth in the previous period. Net external demand contributed negatively to the GDP as exports fell faster than imports, while investment in construction declined markedly. Year-on-year, the economy expanded a calendar-adjusted 0.4 percent in the June quarter, slowing from a 0.9 percent expansion in the previous three-month period. On an unadjusted basis, the economy stagnated, after a 0.8 percent advance in the first quarter.

Germany's gross domestic product contracted by a seasonally-adjusted 0.1 percent on quarter in the three months to June 2019, following a 0.4 percent expansion in the previous period and matching market expectations, a preliminary estimate showed. Net external demand contributed negatively to the GDP, mainly due to a slump in exports, while fixed capital formation in construction also declined.

The German economy advanced a seasonally-adjusted 0.4 percent on quarter in the first quarter of 2019, unrevised from the preliminary estimate and after showing no growth in the previous period. The expansion was mainly supported by the fastest increase in household spending in eight years, a pick-up in construction activity and rising exports. Year-on-year, the economy expanded a calendar-adjusted 0.7 percent in the first quarter, following a 0.6 percent growth in the previous three-month period. On an unadjusted basis, the GDP rose by 0.6 percent, slowing from a 0.9 percent expansion in the December quarter.

The German economy advanced a seasonally-adjusted 0.4 percent on quarter in the three months to March 2019, after showing no growth in the previous period and matching market expectations, a preliminary estimate showed. Fixed investment and household consumption led the expansion. Year-on-year, the economy expanded a calendar-adjusted 0.7 percent in the first quarter, following a 0.6 percent growth in the previous three-month period and also in line with forecasts. On an unadjusted basis, the GDP rose by 0.6 percent, easing from a 0.9 percent increase in the December quarter.

The German economy stagnated in the fourth quarter of 2018 after a 0.2 percent contraction in the July-September period, which was the first time GDP shrank since 2015. An increase in public spending, household consumption and fixed investment offset a negative contribution from inventory changes while net foreign trade was neutral. Year-on-year, the economy expanded a calendar-adjusted 0.6 percent in the fourth quarter, slowing markedly from a 1.1 percent growth the previous three-month period. On an unadjusted basis, the GDP grew by 0.9 percent, weaker than a 1.1 percent advance in the September quarter.