Fri, 22 Nov 2013 11:16:03 GMT
German economic advances 0.3% in Q3
Economic growth in Germany decreased to 0.3% in the July-September quarter of the current year, while the annual growth reached 1.1%, calculating on price-adjusted basis. The result fully matched the initial estimations. Economists point out that the largest contribution to the GDP growth was made by domestic demand, which added 0.7%, while exports and imports added 0.1% and 0.8%, respectively.