German economic growth best for two years

German economic growth best for two years
 

Germany more than doubled its economic growth rate in the first quarter of the year according to official figures.
It grew by 0.7% between January and March, according to the federal statistics office, Destatis, compared with 0.3% in the final quarter of 2015.
Annual growth in the eurozone's largest economy was estimated at 1.3% compared with a year ago,
The figures come ahead of the release of a new estimate for first quarter GDP for the eurozone as a whole.
Germany's trade surplus shrank after imports grew more quickly than exports over the period thanks to strong domestic demand.... read more

 
13 May 2016 in Business, Views: 31
Source: BBC
Share:
 




News Widget for Webmasters


Realtime News

 

«
»
Mo Tu We Th Fr Sa Su
            1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30