Europe

German Economy Kicks Into High Gear, Defies Expectations

German Economy Kicks Into High Gear, Defies Expectations
FILE PHOTO: A worker grinds metal at the machine-building company Zemmler Siebanlagen in Massen, Germany, March 22, 2018. Hannibal Hanschke/Reuters/File Photo
Tom Ozimek
Tom Ozimek
Reporter
|Updated:

The German economy exceeded growth expectations in the second quarter, fresh data from the Federal Statistics Office (Destasis) revealed.

Figures published on Tuesday, Aug. 14, show that the Gross Domestic Product (GDP) grew by 0.5 percent quarter on quarter, and by 2 percent compared with the same quarter a year earlier.

Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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