German Economy Grew More Than Initially Thought at Start of Year
Customers at a restaurant terrace in Bremen, Germany.
Photographer: Krisztian Bocsi/BloombergGermany’s economy grew twice as much as initially estimated at the start of 2025 as businesses and exporters attempted to get ahead of expected US tariffs, setting up the country for a rude awakening in the coming months.
Gross domestic product rose 0.4% in the first quarter, the statistics office said Friday, revising a preliminary reading for 0.2% growth. Private spending, investments and trade surged, but economists are doubtful that the trend will last.