The strongest economy in Europe has grown at a high rate
Germany’s GDP grew at the highest rate of the past six years in 2017, according to Destatis, the federal statistics agency.
According to Destatis’s first estimate, gross domestic product (GDP) grew by 2.2 percent in 2017, compared to last year in Germany. The German economy is growing for the eighth consecutive year and at the highest rate of the past six years. Analysts expected a GDP growth of 2.4 percent for 2017.
The pace of GDP growth will increase further. It was 1.9 percent in 2016 and 1.7 percent in 2015.
The German GDP growth rate in 2017 is 0.9 percentage points higher than the 1.3 percent annual average of the last ten years. (MTI)
Related news
German Consumers Plan Lower Spending for Black Friday 2025
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Growth in Germany’s Plant-Based Food Market Continues
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Food inflation accelerated in Germany in September
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
GfK study: This is how European commercial purchasing power has changed in 2025
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Analyst commentary: when is an interest rate cut expected?
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >These are the biggest misconceptions about protein consumption
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >