german gdp beats expectations with 04 growth in second quarter
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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German GDP beats expectations with 0.4% growth in second quarter

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Arab Today, arab today German GDP beats expectations with 0.4% growth in second quarter

Germany economy
Frankfurt - Arab Today

Expanding exports and domestic consumption pushed Germany's economy -- Europe's biggest -- to grow slightly faster than expected between April and June, preliminary data showed on Friday.

With a 0.4 percent increase in calendar- and seasonally-adjusted terms, Gross Domestic Product (GDP) grew slightly slower than the previous quarter's 0.7 percent, a statement from federal statistics office Destatis said, but twice as fast as analysts surveyed by Factset had predicted.

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