Germany’s economy modest in Q1 2025, to face headwinds in Q2: Report
Germany’s economic output is set to grow modestly in Q1 2025 but may face a setback in Q2, according to the Bundesbank. Inflation fell to 2.3 per cent in March. Industrial output and retail sales rose slightly, but capacity utilisation remains low. Goods exports increased early in the year, partly due to US tariff concerns. Employment dipped marginally, with stability expected overall.
Germany’s economic output is set to grow modestly in Q1 2025 but may face a setback in Q2, according to the Bundesbank.
Inflation fell to 2.3 per cent in March.
Industrial output and retail sales rose slightly, but capacity utilisation remains low.
Goods exports increased early in the year, partly due to US tariff concerns.
Employment dipped marginally, with stability expected overall.
