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German economy grows 0.2 pct in 2025, ending two years of contraction

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German economy grows 0.2 pct in 2025, ending two years of contraction

2026-01-16 23:11 Last Updated At:01-19 23:52

Germany's economy grew 0.2 percent in 2025, adjusted for inflation, according to preliminary data released Thursday by the Federal Statistical Office (Destatis), ending two consecutive years of recession.

"The German economy edged back into growth," Destatis President Ruth Brand said at a press conference in Berlin, attributing the modest expansion mainly to stronger household and government consumption.

However, she noted that the 0.2 percent growth rate remains low among major economies and that Germany's economic growth momentum is still insufficient.

Destatis figures showed German exports fell by 0.3 percent in 2025, marking a third consecutive annual decline, amid falling shipments of cars, machinery and chemical products. Brand cited strong headwinds for exporters, including U.S. tariffs and a stronger euro.

"Export-oriented industries are facing difficulties, primarily due to relatively high labor and energy costs. The manufacturing sector faced even greater challenges in 2025, with increased U.S. tariffs and the appreciation of the euro against major trading partners' currencies leading to a decline in the price competitiveness of German exports in major international markets," said Brand.

Data showed that gross value added in manufacturing fell by 1.3 percent in 2025, marking a third straight year of decline. The automobile and machinery manufacturing industries saw significant declines. Economic activity in the chemical and other energy-intensive sectors was also lower than in previous years.

German economy grows 0.2 pct in 2025, ending two years of contraction

German economy grows 0.2 pct in 2025, ending two years of contraction

German economy grows 0.2 pct in 2025, ending two years of contraction

German economy grows 0.2 pct in 2025, ending two years of contraction

The Japanese yen continued its weakening trend, breaching the 161 level against the U.S. dollar on Thursday, marking the lowest point since July 2024.

The currency remained under pressure on Friday, hovering around the 160–161 mark.

Japanese Finance Minister Satsuki Katayama said on Friday that authorities are ready to take decisive action if excessive speculative moves are detected in the foreign exchange market.

The yen has repeatedly tested the 160 level in recent weeks. Despite interventions by the Japanese government and the Bank of Japan, many market participants believe the yen's medium- to long-term depreciation trend is difficult to be reversed.

Japanese yen slides past 161 against US Dollar, hitting weakest level since July 2024

Japanese yen slides past 161 against US Dollar, hitting weakest level since July 2024

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