Trademagazin > News and articles > Market News > The performance of the German economy deteriorated less than expected in the fourth quarter
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.

German economy performed above expectations
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)
Related news
Vegan barbecues will cost more in Germany this year
In Germany the price of vegan grilling products grew by…
Read more >China reopens its market to Japanese seafood
China is reopening its market to Japanese seafood, which was…
Read more >German retail sales growth slowed more than expected in May
Retail sales in Germany slowed more than analysts had expected…
Read more >
More related news >
Related news
Extreme summer, record heat: this is how chain stores are reacting to the heat
Budapest has never experienced such a high temperature as this…
Read more >Draft decree on food vouchers for pensioners completed
The draft government decree on a 30,000-forint food voucher for…
Read more >K&H: Middle-aged people perceive inflation to be much more severe than the actual data shows
The inflation perception of middle-aged Hungarians continues to far exceed…
Read more >