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Germany: GDP up 0.4% in third quarter

Economy remains robust

25 November, 08:39
(ANSA) - BELGRADE, NOV 25 - Overall, the German economy remains strong, with GDP increasing by 0.4% in the third quarter of 2022 compared to the second quarter of 2022, adjusted for price, seasonal, and calendar variations, according to the Federal Statistical Office (Destatis). Growth was 0.1 percentage point higher than stated in the initial release on October 28, 2022. Despite difficult global economic conditions such as the ongoing Covid-19 pandemic, delivery bottlenecks, continuing price rises, and the war in Ukraine, GDP increased, as it had in the first two quarters (+0.8% and +0.1%, respectively). (ANSA).

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