German Preliminary GDP expands 1.8% in Q3 vs. 2.2% expected, EUR/USD stays unfazed

• German GDP arrives at 1.8% QoQ in Q3 vs. 2.2% expected.
• Annualized German GDP stands at 2.5% in Q3 vs. 2.5% expected.
• EUR/USD unmoved on downbeat German Q3 growth numbers.

The German economy expanded 1.8% inter-quarter in the third quarter of 2021 when compared to the expectations of 2.2% and 1.6% booked in Q2, the preliminary report published by Destatis showed on Friday.

more to come ..