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German economy unexpectedly expands in Q3

By Michele Maatouk

Date: Wednesday 30 Oct 2024

(Sharecast News) - The German economy unexpectedly expanded in the third quarter, avoiding a technical recession, according to figures released by Destatis on Wednesday.
GDP grew by 0.2% in the three months to September, versus expectations for a 0.1% contraction. Destatis said growth was driven by private and public consumption.

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