German Economy Defies War In The Middle East, For Now
ING Economic and Financial Analysis·2026-04-30·via All Articles on Seeking Alpha
Summary
The German economy grew by 0.3% quarter-on-quarter in the first three months of the year, defying the adverse impact of the war in the Middle East, for now at least.
Despite rather disappointing monthly data in January and February, the economy grew by 0.3% quarter-on-quarter, from 0.2% QoQ in the final quarter of 2025.
As the government enters its second year in office, today’s data should not obscure the need for a reset, one aimed at preventing the economy from slipping back into stagnation and, more importantly, reform paralysis.
The German economy just surprised with a stunning growth performance in the first quarter. Despite rather disappointing monthly data in January and February, the economy grew by 0.3% quarter-on-quarter, from 0.2% QoQ in
