Germany Gross Domestic Product Rises in First Quarter
23.05.2019, 07:55

Germany Gross Domestic Product Rises in First Quarter

The Statistisches Bundesamt Deutschland reported that Germany’s gross domestic product (GDP) for the first quarter of 2019 saw an increase of 0.4 percent compared to the fourth quarter of 2018.

The last quarter of 2018 saw GDP at 0.0 percent and this jump to 0.4 percent mainly came from domestic demand, according to the report. So far this year, Germany has also seen a rise in gross fixed capital formation in machinery and equipment by 1.2 percent as compared to the last four months of 2018. Household final consumption expenditure rose by 1.2 percent, such a strong increase was last seen in the German market in 2011.

Exports of good and services also saw an increase of 1.5 percent. Labour productivity was down 0.8 percent and “On the production side of the gross domestic product, the price adjusted gross value added was higher in the first quarter of 2019 than a year earlier in all economic sectors, with the exception of manufacturing (-2.4 percent).”

Disclaimer:

Analysis and opinions provided herein are intended solely for informational and educational purposes and don't represent a recommendation or investment advice by TeleTrade. Indiscriminate reliance on illustrative or informational materials may lead to losses.

 

© 2000-2020. All rights reserved.

This site is managed by Teletrade D.J. Limited 20599 IBC 2012 (First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Feedback
Live Chat E-mail
Up
Choose your language / location