Third-quarter rise in GDP lifts eurozone growth to 0.4% as a result of increased household and government spending
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Germany’s economy grew in the three months to the end of September, ending fears that Europe’s largest economy would slip back into recession.
Predictions that the German economy would shrink for a second consecutive quarter proved unfounded as gross domestic product increased by 0.2% in the third quarter after a 0.3% contraction in the previous quarter.
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Source link : https://www.theguardian.com/world/2024/oct/30/german-economy-growth-gdp-recession-fears-end
Author : Phillip Inman
Publish date : 2024-10-30 12:48:24
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