Germany Q1 GDP SA qq final +0.6% as expected

Germany Q1 GDP SA final readings 23 May
– +0.6% flash
– yy WDA +1.7% as exp/flash
– yy NSA +2.9% as exp/flash
– pvt consumption qq +0.3% as exp/prev
– govt spending qq +0.4% vs +0.3% exp +0.8% prev
Nothing to see here in the headlines but govt spending and domestic demand lower. Exports/imports also both down on the quarter.