German GDP likely to decelerate to 0.2% Q/Q in Q2 - TDS

Research Team at TDS, suggests that the markets are looking for German GDP to decelerate from 0.7% Q/Q growth in Q1 to 0.2% Q/Q in Q2.

Key Quotes

“But we see downside risks from there and look for a reading of 0.1% instead. We know that IP flipped from 1.7% growth in Q1 to a -1.0% decline in Q2, which points to much weaker growth for the economy as a whole.”