German economy grows 0.4% in 2013

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Source: Bloomberg
According to the preliminary data, economic growth in Germany reached 0.4% in the previous year after a 0.7% rise in 2012, while analysts predicted the GDP to add 0.5%. At the same time, the budget deficit in Germany totaled 0.1%. Private consumption in the country rose 0.9%, government spending advanced 1.1%, while exports and imports increased 0.6% and 1.3%, respectively.
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Wed, 15 Jan 2014 11:31:09 GMT

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