German economy grows 0.3% in second quarter

German economic growth slowed less than economists forecast in the second quarter as exports and household spending helped to fend off the sovereign debt crisis.

14th August, 2012

German economic growth slowed less than economists forecast in the second quarter as exports and household spending helped to fend off the sovereign debt crisis.

Gross domestic product rose 0.3 per cent from the first quarter, when it gained 0.5 per cent, the Federal Statistics Office said in Wiesbaden today. Economists predicted a 0.2 percent increase, according to the median of 40 estimates in a Bloomberg News survey.

French GDP was unchanged in the quarter, better than the 0.1...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago