2017 German GDP NSA arrives at 2.2% y/y vs. 2.3% expected

The German Federal Statistical Office released the 2017 annualized GDP reading for the German economy, which is seen as the preliminary numbers.
Key Details:
Germany 2017 non-seasonally adjusted (NSA) GDP y/y +2.2% vs +2.3% expected
Public sector budget surplus +1.2% of GDP (vs +0.8% in 2016).
Imports y/y +5.2% vs +3.9% in 2016.
Exports y/y +4.7% vs +2.6% in 2016.
Author

Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

















