• Newsletters
  • Facebook
  • Twitter
  • RSS
42.0°
1/23/2017
View complete forecast
News-Sentinel.com Your Town. Your Voice.

Find us on Facebook

German economy grew 1.9 pct in 2016, slightly above forecast

The Brandenburg gate can be seen through the window of a car during snowfall in Berlin, Germany, Wednesday, Jan. 11, 2017. (Sophia Kembowski/dpa via AP)
The Brandenburg gate can be seen through the window of a car during snowfall in Berlin, Germany, Wednesday, Jan. 11, 2017. (Sophia Kembowski/dpa via AP)
Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.The Associated Press

Thursday, January 12, 2017 4:14 AM
BERLIN (AP) -- Official data show that the German economy, Europe's biggest, grew by 1.9 percent last year.

The figure released Thursday by the Federal Statistical Office was slightly better than Germany's performance in the previous two years, and also a bit above the 1.8 percent growth that the government and economists had forecast. Gross domestic product increased by 1.7 percent in 2015 and 1.6 percent in 2014.

The office didn't immediately offer an estimate for fourth-quarter growth. An official quarterly growth figure is due next month.

Comments

News-Sentinel.com reserves the right to remove any content appearing on its website. Our policy will be to remove postings that constitute profanity, obscenity, libel, spam, invasion of privacy, impersonation of another, or attacks on racial, ethnic or other groups. For more information, see our user rules page.
comments powered by Disqus