Germany Q4 GDP growth was finalized at 0.3% qoq, revised up from 0.1% qoq. Over the year, on price-adjusted term, GDP dropped -2.7% yoy. In Price and calendar-adjusted terms, GDP dropped -3.7% yoy.
Destatis said, “in the fourth quarter, however, the recovery process slowed due to the second coronavirus wave and another lockdown imposed at the end of the year.”
