Wed, 15 May 2013 09:47:03 GMT
German GDP expands less than forecast in Q1
Gross domestic product in Germany accelerated on a slower-than-forecast pace in the first three months of 2013, a data revealed by the Federal Statistical Office showed on Wednesday. According to the data the country's GDP rose by 0.1% on a sequential basis on the Q1 compared to forecast 0.3% expansion, while in the Q4 it contracted 0.7%.