Germany grows 0.7 percent in the first quarter

May 13, 2016

0,,18847079_303,00Between January and March, the German economy grew 0.7 percent, according to fresh data released by the country’s statistics office, Destatis, on Friday. The rise was stronger than expected by analysts and came after a comparatively weak final quarter in 2015 in which gross domestic product (GDP) expanded by 0.3 percent. German economy minister Sigmar Gabriel described the country’s rate of expansion as a “good footing” for the whole year.

Click here to read the full article