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German economy posts better than expected growth in Q1

  • Germany's economy grew by 0.2 percent in the first quarter of 2025, exceeding analysts' forecasts for 0.1 percent growth.
  • This growth follows two years of contraction due to surging energy prices, supply chain issues, and weak overseas demand, with new US tariffs posing further risks.
  • Improving household consumption and investment supported the quarterly growth, while exports and industrial production also contributed positively.
  • Destatis reported the provisional GDP figures, noting growth was higher than expected and calling it rare good news for Germany's struggling economy.
  • Despite this start, the government downgraded 2025 growth forecasts to zero, warning that US tariffs could undermine the recovery, making economic improvement a key challenge for incoming chancellor Friedrich Merz.
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  • 57% of the sources lean Left
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El Universal Chile broke the news in on Wednesday, April 30, 2025.
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