The German economy, Europe's biggest, will continue to grow moderately in the final quarter of this year, the economy ministry predicted on Wednesday.

"The German economy is continuing along its path of moderate growth," the ministry wrote in its regular monthly report.

Gross domestic product grew by 0.3 percent in the period from July to September, slower than the 0.7 percent seen in the previous quarter due to sluggish exports.

Recent data for October have also been mixed, with industrial output and orders falling short of expectations.