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The performance of the German economy deteriorated less than expected in the fourth quarter
In the fourth quarter of last year, Germany’s gross domestic product fell less than expected on a quarterly basis, according to a report released on Friday by the German Federal Statistical Office, Destatis.
Germany’s gross domestic product (GDP) in the fourth quarter of 2021, price, seasonally and calendar-adjusted, fell 0.3 percent from the third quarter of 2021. German GDP grew 1.7 percent on a quarterly basis in the third quarter. The preliminary fourth-quarter estimate was down 0.7 percent. (MTI)
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