| German Q2 GDP grew 0.3% |
| Region - Economy | |||
| Wednesday, 26 August 2009 11:43 | |||
In the first quarter GDP sink 3.5% but in the second it rose by 0.3%.The drop in the first quarter is the biggest economic decrease ever, but with the economic growth by 0.3% in the second quarter Germany has officially emerged from recession. Private consumption rose 0.7% due to stable prices and massive buying of new automobiles. State consumption increased by 0.4%.
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In the first quarter GDP sink 3.5% but in the second it rose by 0.3%.





