empty
 
 

2017.03.1510:26:00UTC+00German Economic Growth Gained Momentum In Q1, Ministry Says

Germany's economic growth likely accelerated in the first quarter, building on the revival seen in the final three months of 2016, the Economy Ministry said Wednesday.

Gross domestic product expanded 0.4 percent in the fourth quarter of 2016 after a modest 0.1 percent growth in the previous three months.

Manufacturing output growth was strong in January and the order situation remains goods despite a sharp decline at the start of the year, the ministry noted.

Further, the positive developments on the labor market continue and supports private consumption, the ministry added.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback