Stalled German growth data will sharpen focus on ECB rate move

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13th November, 2015
Shipping traffic is down. Pic: Pixabay

German economic growth slowed in the third quarter as companies battled the Greek crisis and a China-led slowdown in emerging markets.

Gross domestic product in Europe’s largest economy rose a seasonally-adjusted 0.3 per cent to September, after increasing 0.4 per cent in the previous quarter.

The data will provide ECB President Mario Draghi with more visibility heading into December’s monetary policy meeting.

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