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German Q2 GDP grew 0.3%
Region - Economy
Wednesday, 26 August 2009 11:43
GermanyFlag.gif 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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