BCN-23 German GDP flat in Q4 2018: official data

330

ZCZC

BCN-23

GERMANY-ECONOMY-GROWTH

German GDP flat in Q4 2018: official data

FRANKFURT AM MAIN, Feb 14, 2019 (BSS/AFP) – Gross domestic product (GDP)
in Germany neither grew nor shrank in the final quarter of 2018, official
data showed Thursday, soothing fears the country could have suffered a
technical recession in the second half.

Federal statistics authority Destatis reported 0.0 percent change in GDP
adjusted for price, seasonal and calendar effects between October and
December, rounding off a 1.4-percent expansion over the full year — 0.1
points lower than intially calculated last month.

BSS/AFP/HR/1444