Germany: GDP remains unchanged in first quarter of 2023

(ANSA) - BELGRADE, APR 28 - After adjusting for price, seasonal, and calendar variations, Germany's GDP was unchanged (0.0%) in the first quarter of 2023 compared to the fourth quarter of 2022, after decreasing at the end of 2022 (by a revised -0.5% in the fourth quarter year on year; before: -0.4%). According to the Federal Statistical Office (Destatis), both household and government final consumption expenditures decreased at the start of 2023. Capital formation and exports, on the other hand, made positive contributions. (ANSA).

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