German sees growth in Q3 after strong exports
(MENAFN) According to data from the Federal Statistical Offices, increased exports have led to further growth in the German economy.
German Gross Domestic Product (GDP) grew by 0.8% in Q3 of this year, in comparison with Q2, resulted by strong exports and rising investment.
German economic strength was maintained by foreign demand as international and Eurozone growth accelerated within Q3.
The Federal Statistical Office stated: "Exports grew faster in the third quarter than imports."
German Gross Domestic Product (GDP) grew by 0.8% in Q3 of this year, in comparison with Q2, resulted by strong exports and rising investment.
German economic strength was maintained by foreign demand as international and Eurozone growth accelerated within Q3.
The Federal Statistical Office stated: "Exports grew faster in the third quarter than imports."
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