Germany: Q2 GDP growth was confirmed at 0.4% q/q - BBH

Research Team at BBH, notes that the Germany reported details of final Q2 GDP which showed that the headline GDP growth was confirmed at 0.4% q/q. 

Key Quotes

“Private consumption rose 0.2% as expected, capital investment fell -1.5% vs. -1.3% expected, government spending rose 0.6% vs. 0.5% expected, and exports rose 1.2% vs. 0.7%  expected.  So it appears that Germany continues to rely in large part on external demand for growth.”