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.
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
Card payments continue to grow in Germany
According to data from the EHI research centre, card payments…
Read more >Vegan Food Group acquires Germany’s TofuTown
In its largest acquisition to date, Vegan Food Group has…
Read more >Dairy consumption falls again in Germany
Consumption fell to a new low in 2023, the data…
Read more >
More related news >
Related news
Nébih: the spring food inspection ended with fewer fines than last year
The national food inspection, which ended on April 1, ended…
Read more >2024 Q2 Investment Outlook: Timing matters
Positive momentum is building. The outlook for 2024 has brightened,…
Read more >KPMG: Female senior managers adapted surprisingly quickly to the polycrisis
Despite their increased workload, female senior managers are optimistic about…
Read more >