The German Economy – Wednesday, May 15, 2019

 

The German Economy Got Off To A Solid Start In 2019 Returning To Growth In The First Quarter, Helped By Higher Household Spending And Booming Construction, Preliminary Data Showed On Wednesday.

 

Gross Domestic Product (GDP) In Europe’s Largest Economy Expanded By 0.4% Quarter-On-Quarter, The Federal Statistics Office Said. This Was In Line With Analysts’ Expectations.

 

Compared With The Same Quarter Of The Previous Year, The Economy Grew By 0.7% From January To March, Calendar-Adjusted Data Showed. This Was Also In Line With The Forecast.

 

The Article & News Update Is Edited & Published & Contributed By Alaa Tabib Senior Technical Analyst Gulf Brokers DMCC A Regulated & Licensed Broker by SCA & DGCX & UAE Laws
For Further Services & Or Information, Please Do Not Hesitate To Contact Our Expert Alaa Tabib At DGCX@Gulfbrokers.Ae   
Reuters & CNN & CNBC May Have Contributed To This Article

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