Germany’s gross domestic product (GDP) contracted slightly in the second quarter of 2025, marking a shift from earlier growth figures. According to data released on Wednesday by the Federal Statistical Office (Destatis), the economy experienced a decline of 0.1 percent compared to the previous quarter, adjusted for price, seasonal and calendar effects.
Preliminary findings indicate a decrease in investment in equipment and construction, contributing to the contraction. However, consumer spending, both private and public, registered an increase when adjusted for the same factors. This follows a revised upward adjustment of GDP growth in the first quarter of 2025, now reported at 0.3 percent compared to the previous quarter (previously stated as 0.4 percent).
When compared to the same period in 2024, the GDP in the second quarter of 2025 remained essentially unchanged in real terms (0.0 percent). This evaluation takes into account the reduced number of working days available this year. However, when considering price and calendar adjustments, the economy registered a growth of 0.4 percent compared to the second quarter of 2024.
