German Economy Grows More Than Expected in Third Quarter as GDP Rises 0.2%

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German Economy Grows More Than Expected in Third Quarter as GDP Rises 0.2%
Photo: Michael Probst/AP/TT

Germany’s GDP grew by 0.2 percent, according to preliminary figures. Expectations were for 0.1 percent, according to a Bloomberg compilation.

In early October, the German government raised its growth forecast for both this year and next year.

“The German economy is on a growth path and has proven to be more resilient than expected,” the German Finance Ministry said in a press release.

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By TT News Agency. English edition by Sweden Herald, adapted for our readers

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