Germany Q2 preliminary GDP -0.1% vs. 0.1% Q/Q expected

• Germany Flash Q2 GDP Y/Y -0.1% vs. 0.0% expected and -0.2% prior.
• Germany Flash Q2 GDP Q/Q -0.1% vs. 0.1% expected and 0.2% prior.

The German economy contracted in the second quarter. This adds to many other negative economic releases for the largest European economy.