German economy picks up in Q1

Source: Bloomberg
© Scanpix/FP
Economic growth in Germany jumped in the first qurter of this year, showing a strong increase of 0.8% from previous three months, when economy rose 0.4%. Economists, in turn, predicted in GDP to add 0.7%. The main drivers of growth in Q1 were domestic and government consumption. Moreover, investment increased slightly, while external trade declined amid lower exports.
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