Trademagazin > News and articles > Market News > German economic performance decreased in the last quarter
German economic performance decreased in the last quarter
In Germany – adjusted with price effects – a 3 percent increase occurred in the gross domestic product (GDP) in 2011. The data of the German Statistical Office met the expectations of analysts.
But in the fourth quarter – according to the preliminary datas – the performance of the economy decreased by 0.25 percent, compared to the previous quarter. In the third quarter, the German economy grew by 0.5 percent, in the first quarter by 1.3 percent, and in the second by 0.3 percent compared to the previous quarters – reports MTI.
Related news
More related news >
Related news
In June, the annual decline in producer prices slowed down in Germany
In Germany, producer prices fell by 1.6 percent year-on-year in…
Read more >Rural accommodations closed a stronger half year than last year
The momentum of tourism in 2023 will continue to make…
Read more >Munch is now available in every Auchan store
From the beginning of May you can get the three…
Read more >