Macroeconomics

German GDP Grows 0.2% in Q3 2026 as Investment Falls, Exports Cool

WIESBADEN – October 30, 2026 -- Germany's gross domestic product rose 0.2% in the third quarter of 2026 compared with the second quarter, on a price-, seasonally and calendar-adjusted basis, the Federal Statistical Office (Destatis) reported.

Year-on-year output climbs 1.3% in price-adjusted terms

GDP was 1.3% higher than in the third quarter of 2025 on a price-adjusted basis. Adjusted for both price and calendar effects, the increase was 1.2%.

The economy had already expanded in the first half of 2026, so the third quarter extends a run of growth.

Investment declines while consumer spending edges up

Consumption expenditure rose slightly against the previous quarter on a price-, seasonally and calendar-adjusted basis. Investment fell, according to preliminary findings from Destatis.