Germany’s economy grew by 0.4% in first quarter, figures show
The German economy grew by 0.4% in the first quarter thanks to stronger-than-expected exports and manufacturing, official data showed.
That was double the growth initially estimated for Europe’s biggest economy.
The German Federal Statistical Office had reported at the end of last month that the economy expanded by 0.2% in the January to March period compared with the previous quarter.
The head of the office, Ruth Brandt, said that “the surprisingly good economic development seen in March ” led to the revision.
The last time Germany saw stronger growth was in the third quarter of 2022, when gross domestic product expanded by 0.6%.
Germany has struggled to generate significant growth for years and Икономиката се свиваше във всяка от последните две години. През четвъртото тримесечие на предходната година той се болести с 0,2%.
В първата си прогноза, откакто държавното управление на новия канцлер Фридрих Мерц встъпи в служба по -рано тоз...
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