Germany’s economy changed faster than previously accepted at the beginning of the year, and official data showed on Friday when exports in front of the US President Donald Trump imposed tariffs.
The gross domestic product (GDP) in the top economy in Europe rose by 0.4 percent from January to March compared to the previous quarter.
The expansion had made an initial estimate to 0.2 percent, and analysts had not expected a change.
Destatis said that the economy had “surprisingly well” depicted on the back of rising exports that increased the GDP number.
There was a significant growth of shipping medicines and motor vehicles that are essentially exports to the USA, it said.
“Antipocentional effects in relation to the concerns regarding a brewing war with the United States have probably contributed to the positive development,” said the agency in an explanation.
At the beginning of April, Trump imposed his comprehensive tariffs for the day of liberation, although he has held the highest prices for talks ever since.
After two years of recession, the starting jump is a thrust for the traditional power pack of the euro zone and also good news for the new Chancellor Friedrich Merz.
Analysts have warned that the tariffs could reach Germany hard later in the year, and most now expect the economy to stagnate throughout 2025.
This story was originally on Fortune.com
