Germany Q3 GDP finalized at 8.5% qoq, still -4% below pre-pandemic level

Germany’s Q3 GDP growth was finalized at 8.5% qoq. A large part of the “massive decline” in Q2 was offset. But the price-, seasonally and calendar-adjusted GDP was still -4.0% lower in the Q3 of 2020 than in the Q4 of 2019

Full release here.