Tags: EU | Germany | Economy

German Economy, Europe's Largest, Posts 0.6 Pct 2Q Growth

Tuesday, 15 August 2017 04:49 AM EDT

BERLIN (AP) — The German economy, Europe's largest, continued its strong performance in the second quarter with gross domestic product growing 0.6 percent over the previous quarter.

The Federal Statistics Office said Tuesday the GDP growth followed an upwardly revised 0.7 percent growth in the first quarter, according to figures adjusted for seasonal and calendar variations.

The figures could bolster Chancellor Angela Merkel's re-election campaign, which has focused on Germany's record-low unemployment, balanced budget and strong economy. She's seeking a fourth term in September.

ING economist Carsten Brzeski says "though some kind of a slowdown from current growth rates looks almost inevitable" many signs point to more growth ahead and there's "little reason to fear a sudden end to the current performance."

He says "Germany's economic success story goes on and on and on."

© Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Europe
The German economy, Europe's largest, continued its strong performance in the second quarter with gross domestic product growing 0.6 percent over the previous quarter.The Federal Statistics Office said Tuesday the GDP growth followed an upwardly revised 0.7 percent growth...
EU,Germany,Economy
133
2017-49-15
Tuesday, 15 August 2017 04:49 AM
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