Latest data released by the Federal Statistics Office - 3 March 2020
- Prior (Q3) +0.4%
- GDP +1.5% vs +1.3% y/y expected
- Prior (Q3) +1.1%
The figures are slightly better-than-expected but they hardly matter at this stage in time. Pre-virus economic data is very much secondary as the focus in the market has switched to the post-virus economy.