The data released on Thursday showed that growth in the third quarter was led by consumption, with household and government expenditure increasing.
Germany's economy narrowly avoided recession in the third quarter, as GDP rose 0.1%. The European powerhouse economy declined in the second quarter 0.2%, so any further decline would put Germany in a technical recession. Consumption led the rise through household and government expenditure, according to official data. One economist said:"The economy will probably contract slightly next year – so a recession may have been postponed, rather than avoided altogether.
Germany's economy narrowly avoided recession in the third quarter, as GDP rose 0.1%. The European powerhouse economy declined in the second quarter 0.2%, so any further decline would put Germany in a technical recession. Consumption led the rise through household and government expenditure, according to official data. One economist said:"The economy will probably contract slightly next year – so a recession may have been postponed, rather than avoided altogether.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Former Massachusetts Gov. Deval Patrick weighs potential late 2020 presidential bid: SourcesDeval Patrick, the politician who made history as Massachusetts' first black governor, is eyeing a potential late bid for the Democratic presidential nomination, according to two Democratic Party sources. The ally of former President Barack Obama has begun reaching out to officials and potential
Baca lebih lajut »
Reuters poll: Trade truce unlikely in 2020 but U.S. recession fears recede - economistsThe U.S.-China trade war is unlikely to see a permanent truce over the coming ye...
Baca lebih lajut »
The Mars 2020 rover will search for fossils and signs of ancient lifeWhen the Mars 2020 rover lands on the Red Planet in February 2021, it will touch down in Jezero Crater, the site of a lake that existed 3.5 billion years ago. Now, two teams of researchers have identified areas of interest in Jezero Crater where the rover might find signs of ancient life.
Baca lebih lajut »
Report: The 10 places everyone will be traveling to in 2020Not sure where to book your next eclectic getaway? Here are the top 10 trending travel destinations for 2020.
Baca lebih lajut »