German GDP final reading for the fourth quarter remained unrevised at 1.5%, in line with median estimates. On the year, the both seasonally adjusted and working day adjusted readings came in line with both flash and anticipated readings of -0.2% and 2.0% respectively.

The highest contribution came from construction spending which advanced 1.9% from a revised of -1.0%. Capital investment added 1.1% from a revised of 0.3%.

Government spending retreated to 0.1% from the prior 0.6%, where domestic demand also recorded 0.1%, down from a revised of 0.5% and private consumption fell 0.2% from a revised of 1.2%.

Exports plummeted 0.8% from a revised of 2.6%, while imports slipped 0.3% from a revised of 2.7%.