GERMANY DATA: German GDP growth surprised to the upside, rebounding
0.5% on the quarter in 1Q versus a forecasted recovery of 0.2%, the
Federal Statistical Office reported on Tuesday, citing preliminary
figures. In calendar-adjusted terms, economic activity was up 1.2% on
the year. In non-adjusted terms, GDP growth came to +1.7% y/y.
– See MNI MainWire for details