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German Q2 GDP growth edges down QOQ to 0.6%


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German Q2 GDP growth edges down QOQ to 0.6%

Germany's economic growth eased in the second quarter, posting a 0.6% rise in GDP over the previous quarter, down 0.1 percentage point from the previous quarter's revised rate, according to the first estimate by the Federal Statistical Office.

First-quarter growth was revised upward to 0.7% in quarterly terms from a previous 0.6% estimate.

Year over year, GDP expanded by 2.1% after price and calendar adjustments, compared with 2.0% in the first quarter, the report said.