More on Germany Q1 GDP: Slight 0.1% expansion during the quarter falls short of economists'...

|By:, SA News Editor

More on Germany Q1 GDP: Slight 0.1% expansion during the quarter falls short of economists' expectations as harsh winter weather, falling exports, and lackluster investment take their toll. Germany's statistics office also revises down its GDP data for Q4, saying the economy shrank by 0.7% during the period, more than the 0.6% contraction previously reported. The data come on the heels of ZEW's investor confidence reading which showed persistent worries about the state of the eurozone economy writ large continue to weigh on sentiment.