German Economy Zips Along as Trade and Spending Drive Growth
Gross domestic product in Europe‘s largest economy increased 0.6 percent from the third quarter, the Federal Statistics Office in Wiesbaden said on Wednesday. That‘s in line with the median estimate in a Bloomberg survey. The economy expanded 2.9 percent from a year earlier when adjusted for calendar days.
Fourth-quarter growth was driven by a strong increase in exports, with total trade making a positive contribution, according to the report. Government consumption and equipment investment increased, while private spending remained largely unchanged and construction slipped.
Žinios, vertos jūsų laiko
- Esminių naujienų santrauka kasdien
- Podkastai - patogu keliaujant, sportuojant ar tiesiog norint išnaudoti laiką produktyviau
- „Mano pinigai“ - praktiški patarimai apie investavimą, realūs dienoraščiai
