Germany's economy expands by 0.2% in the first quarter, in line with expectations

From cnbc.com

Germany’s economy expanded by 0.2% in the first quarter from the previous three-month period, preliminary data showed Wednesday, as U.S. tariff tensions threaten the country’s growth outlook. The figure, released by the German federal statistics office, is adjusted for price, calendar and seasonal variations. The gross domestic product reading was in line with estimates from economists polled by Reuters. Germany’s gross domestic had contracted by 0.2% in the fourth quarter. The statistics office attributed the quarterly increase to the fact “that both household final consumption expenditure and capital ... (full story)