German economy grows by 0.6% in second quarter
German economy
Frankfurt am Main - Muslimchronicle
The German economy grew by 0.6 percent in the second quarter, slightly slower than expected as exports cooled, official data showed Tuesday.
The provisional figure, adjusted for price, seasonal and calendar effects, was lower than the 0.7 percent forecast by analysts surveyed by Factset.
The federal statistics authority Destatis also revised upwards its first-quarter figure, saying gross domestic product (GDP) expanded by 0.7 percent in the first three months of 2017 instead of 0.6 percent.
source: AFP
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