Germany’s GDP growth rate for Q2 showed a modest increase of 0.2% year-over-year, down from the previous quarter’s 0.3% growth. This marks a slight deceleration in economic expansion, indicating a slower pace of growth compared to the earlier period.
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The actual GDP growth fell short of analyst expectations, which had forecasted a 0.4% increase. This underperformance is likely to weigh on market sentiment, particularly affecting sectors sensitive to economic cycles such as industrials and consumer discretionary stocks. The impact may be more sentiment-driven in the short term, as investors reassess growth prospects and potential policy responses.