German economic expansion slowed to 0.7 per cent in 2012 after achieving three per cent growth in 2011, new figures released by the Federal Statistics Office showed.
Economists had forecast growth of 0.8 per cent, Bloomberg News reported.
The euro debt crisis and weaker global growth dampened exports and company investment.
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team