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German Economy Surpasses Expectations with 0.2% Growth in Second Quarter

Ankara: Germany's economy grew 0.2% in the second quarter of 2026 compared with the previous three-month period, beating market expectations, official data showed Thursday. Economists had forecast quarterly growth of 0.1%.

According to Anadolu Agency, the Federal Statistical Office, Destatis, also revised first-quarter growth to 0.4% from the previously reported 0.3%. Exports increased during the second quarter, while final consumption expenditure showed a subdued trend and capital formation declined, according to provisional figures.

On an annual basis, Europe's largest economy expanded by a price-adjusted 0.9% in the April-June period. Destatis also said GDP figures had been revised from 2011 onward, with changes particularly affecting the results for 2024.