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German economy falls back into recessionary territory
Can we measure a gap between hard and soft economic data, between optimism and tough reality? Yes, we can. In Germany, it’s -0.1%. This is the just-released first estimate of German GDP growth in the second quarter. After a surge of 0.4% Q-o-Q in the first quarter, the German economy shrank by 0.1% in the second. On the year, the economy grew by 0.4%, seasonally and calendar adjusted. According to the statistical agency’s press release, investments were a drag on the economy, while private and public consumption increased a little. Optimism alone doesn't bring back growth Today’s GDP data show that the recent ... (full story)
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From @PiQSuite|Jul 30, 2025BANK OF CANADA GOVERNOR TIFF MACKLEM SAYS STRONG CORE MEASURES OF INFLATION HAVE GOT OUR ATTENTION BOC'S MACKLEM SAYS SOME OF THE FACTORS THAT MAY BE CAUSING THAT INCREASE IN CORE INFLATION SHOULD UNWIND BoC's Gov. Macklem: It's hard to be as forward looking as usual when you've got an unusual amount of uncertainty. BoC's Gov. Macklem: Need to set policy considering tariff risks. BANK OF CANADA'S MACKLEM TO REPORTERS: WE ARE GOING TO TAKE OUR DECISION ONE MEETING AT A TIME, WHEN ASKED IF A RATE CUT IS NEEDED BY END OF YEAR #canada #Macklem #InterestRates
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- Jul 30, 2025 10:00am Posted byFundamental Analysis14,797
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