Good results for the German economy

The German economy’s performance expanded at a higher pace in the second quarter than it was expected by experts.

In quarterly adjusted terms, Europe's largest economy and economic powerhouse grew 0.4%, beating expectations in a Wall Street Journal survey of 0.2% growth, data from the country's statistics office showed. The statistics office doesn't release a detailed breakdown of gross domestic product growth in its flash estimate, but it said growth came primarily from foreign trade. Quarterly growth in the first quarter was 0.7%. Experts have said that growth in the first quarter was unsustainable. (mfor.hu, MTI)