QII-2026 QUARTERLY REPORT GERMANY
GDP grows 0.3 percent in first quarter War in Iran set to tangibly curb economic recovery
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Investment activity down at the start of the year. Construction investment decreased due to severe weather conditions, while investment in plant and equipment and other assets continued to rise.
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Private consumption remained upwards at the start of the year. With an increase of 0.8 percent, growth was nonetheless considerably weaker than last year.
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The manufacturing sector had a weak start to the year with production 1.4 percent lower than in the previous quarter. Production was already pointing down before the war in Iran. .