German GDP Beats Expectations With 0.4% Growth In Q2

Umer Jamshaid Published August 12, 2016 | 12:05 PM

German GDP beats expectations with 0.4% growth in Q2

FRANKFURT,(UrduPoint / Pakistan Point News - 12th Augst,2016) - Expanding exports and domestic consumption pushed Germany's economy -- Europe's biggest -- to grow slightly faster than expected between April and June, preliminary data showed on Friday. With a 0.

4 percent increase in calendar- and seasonally-adjusted terms, Gross Domestic Product (GDP) grew slightly slower than the previous quarter's 0.7 percent, a statement from Federal statistics office Destatis said, but twice as fast as analysts surveyed by Factset had predicted.

Facebook Twitter Reddit Pinterest Whatsapp

Prize Bonds

PSX 100 Index

Currency Rates

Gold Prices

Petrol Prices

Crypto

Recent Stories

Nahyan bin Mubarak offers condolences to Pakistan’s Army Chief on death of his ..

UN welcomes discussions, commitments reached in Sa ..

UN welcomes discussions, commitments reached in Saudi Arabia on Ukraine

Mansoor bin Mohammed elected President of UAE Nati ..

Mansoor bin Mohammed elected President of UAE National Olympic Committee

Eradicate crime and ensure public safety remains u ..

Eradicate crime and ensure public safety remains unwavering: SSP Larkana

Israel blocking access to water in Gaza: MSF

Israel blocking access to water in Gaza: MSF

Casualties reported in Gaza following Israeli airs ..

Casualties reported in Gaza following Israeli airstrikes

French household confidence sees slight decline am ..

French household confidence sees slight decline amid cautious optimism on spendi ..

UAE Food Bank, Ne’ma provide one million surplus ..

UAE Food Bank, Ne’ma provide one million surplus food meals to eligible groups

UAE President directs establishment of Zayed Educa ..

UAE President directs establishment of Zayed Education Foundation to empower nex ..

Abu Dhabi gears up to host International Jazz Day ..

Abu Dhabi gears up to host International Jazz Day 2025 celebrations

'Hasad' agricultural project a model for food secu ..

'Hasad' agricultural project a model for food security support: Minister of Clim ..

Arab League condemns repeated Israeli aggression a ..

Arab League condemns repeated Israeli aggression against Syria