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Germany's GDP Growth Accelerates
5 monthes ago - By ETF Daily News
From Zacks : Germany's economy accelerated in the second quarter on rising exports supported by a weaker euro. Data from Federal Statistical Office shows that the country's gross domestic product grew at a quarterly clip of 0.5% .
Imports and exports rose 1.7% and 0.7%, respectively, from the first quarter. There was expansion in the consumption patterns of household and government from the previous quarter by 0.3% and 0.6%, respectively. The investments in fixed capital were moderate with the quarterly growth rate slowing to 0.3%, reflecting a sharp fall from 2.3% growth in the first...
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