Germany’s Lindner: GDP data have shown surprisingly negative signals

German Finance Minister Christian Lindner said on Thursday, “GDP data have shown surprisingly negative signals.”

“Weak economic dynamics are a task for politicians,” he added.

Also read: German final Gross Domestic Product revised down to 0.3% contraction QoQ in Q1

Market reaction

The Euro is struggling near monthly troughs following the discouraging German data. The EUR/USD pair is losing 0.26% on the day to trade at 1.0723, as of writing.