Germany's GDP Grew 0.3% QoQ in Q2 2026
Germany's economy grew by 0,3% quarter-on-quarter in the second quarter of 2026, with annual growth reaching 1%, driven by exports and consumer spending, according to official data.
Consensus
- Germany's GDP grew by 0.3% compared to the previous quarter in the second quarter of 2026.
- The annual growth rate of Germany's GDP in the second quarter was 1%.
- Exports of goods and services increased by 2% in the second quarter.
- Consumer and government spending rose by 0.1% quarter-on-quarter.
- Capital investments declined by 0.2% quarter-on-quarter.
- The final GDP data for the second quarter was released by Germany's Federal Statistical Office (Destatis).
- Preliminary data for the third quarter will be published on October 30.
Points of divergence
- Germany's GDP grew by 0.9% year-on-year in the second quarter of 2026. — kommersant
- The second quarter saw the fastest economic growth rate since the third quarter of 2022. — kommersant
- The main driver of growth was exports, with a 3.9% year-on-year increase in exports from January to June. — kommersant
- 43% of German auto industry companies reported worsening positions on global markets. — kommersant
- Experts warn that economic recovery remains fragile due to energy prices, Middle East tensions, and low water levels in the Rhine. — kommersant
Coverage (2 sources)
- Germany's GDP grew by 0.3% in the second quarter, stronger than forecast — Интерфакс
- Germany's GDP grew in the second quarter at the fastest pace since 2022 — Коммерсантъ