The new figures underline the extreme volatility in short-term economic data caused by U.S. President Donald Trump\u2019s trade war. Gross domestic product had risen in Germany by a respectable 0.3 percent in the first quarter as exporters rushed to ship their products to the U.S. before his threatened import tariffs took effect. However, that has merely served to skew activity, which has since reverted to a weaker underlying trend.<\/p>\n
The numbers come a day after more up-to-date business surveys suggested that private-sector activity had picked up again in the two months since the end of the quarter. <\/p>\n
Merz said his hopes Germany will \u201cfeel already this summer that things are slowly changing for the better.\u201d German businesses and investors had high hopes that a change in government, ending constant infighting of the previous coalition, would offer more certainty and unlock growth opportunities. <\/p>\n
Today\u2019s data shows that at least until June little progress as been made.<\/p>\n","protected":false},"excerpt":{"rendered":"The new figures underline the extreme volatility in short-term economic data caused by U.S. President Donald Trump\u2019s trade…\n","protected":false},"author":2,"featured_media":371293,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5310],"tags":[2000,299,1214,1945,1824,1195,2441,479,49],"class_list":{"0":"post-371292","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-germany","8":"tag-eu","9":"tag-europe","10":"tag-exports","11":"tag-friedrich-merz","12":"tag-germany","13":"tag-growth","14":"tag-markets","15":"tag-tariffs","16":"tag-united-states"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115087178806025185","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/371292","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=371292"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/371292\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/371293"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=371292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=371292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=371292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}