German Growth Slower Than Expected In Q3: Official Data

German growth slower than expected in Q3: official data

FRANKFURT AM MAIN, , (Pakistan Point News - APP - 15th Nov, 2016 ) - Third-quarter growth in Germany stood at 0.2 percent compared with the previous three months, provisional data from the Federal statistics office Destatis said Tuesday, falling slightly short of analyst expectations. Analysts surveyed by Factset had forecast growth of 0.3 percent between July and September, after Europe's largest economy expanded by 0.4 percent in the second quarter and 0.7 in the first.