Third-quarter rise in GDP lifts eurozone growth to 0.4% as a result of increased household and government spending
Germany’s economy grew in the three months to the end of September, ending fears that Europe’s largest economy would slip back into recession.
Predictions that the German economy would shrink for a second consecutive quarter proved unfounded as gross domestic product increased by 0.2% in the third quarter after a 0.3% contraction in the previous quarter.
Continue reading…Third-quarter rise in GDP lifts eurozone growth to 0.4% as a result of increased household and government spendingBusiness live – latest updatesGermany’s economy grew in the three months to the end of September, ending fears that Europe’s largest economy would slip back into recession.Predictions that the German economy would shrink for a second consecutive quarter proved unfounded as gross domestic product increased by 0.2% in the third quarter after a 0.3% contraction in the previous quarter. Continue reading…
