The gross domestic product (GDP) fell by 0.3% in the 2nd quarter of 2025 compared with the 1st quarter of 2025 after adjustment for price, seasonal and calendar variations. The Federal Statistical Office (Destatis) also reports that the decline in economic performance was therefore 0.2 percentage points greater than communicated in the first release of 30 July 2025. Industrial production, in particular, performed worse than initially assumed. Quarter on quarter, GDP grew by 0.3% in the 1st quarter of 2025, and 0.2% in the 4th quarter of 2024. Based on the new data available, in June 2025 output in manufacturing and ... (full story)