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MNI DATA PREVIEW: German Final GDP Q2 

By Irene Prihoda
     LONDON (MNI) - MNI: GERMANY DATA: Final GDP (Q2 2019) Preview - 07:00 BST,
Tue 27.08.
-------------------------------------------------------------------- 
- Flash:-0.1% q/q (sa), 0.4% y/y (wda); Prev(Q1): 0.4% q/q (sa), 0.7% y/y (wda) 
- Final release expected to confirm that the German economy contracted in Q2,
after Q1's strong rebound 
- Quantitative breakdown by expenditure components to be provided 
- Flash release noted that the main driver of the decline was a deterioration in
external developments... 
-...with exports falling at a faster pace than imports 
- Household and government consumption contributed positively to growth in Q2...
- ...while investments in construction fell. However investments overall rose 
- Survey evidence (PMIs, ZEW) paints a downbeat picture going forward...
-...increasing the risk of a second negative quarterly reading in Q3
--MNI London Bureau; +44 0203 865 3814; email: irene.prihoda@marketnews.com
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