View full page at metalsmine.com

 

Gross domestic product in the 2nd quarter of 2019 down 0.1% on the previous quarter

From destatis.de

In the second quarter of 2019, the real (price-adjusted) gross domestic product in Germany decreased by 0.1% on the first quarter of 2019, after adjustment for seasonal and calendar variations. The Federal Statistical Office (Destatis) also reports that Germany experienced a slight decline in economic performance. The first quarter of 2019 showed an increase of 0.4% compared with the fourth quarter of 2018. Consumption expenditure and capital formation stabilize economic activity, while foreign trade slows down growth The quarter-on-quarter comparison (in real terms and adjusted for seasonal and calendar variations) ... (full story)

Story Stats

  • Posted:
  • Category: Low Impact Breaking News