×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: Germany | Economy

German Economy Rebounds in 2nd Quarter but Short of Forecast

German Economy Rebounds in 2nd Quarter but Short of Forecast

Friday, 30 July 2021 05:00 AM EDT

BERLIN (AP) — Germany's economy grew by 1.5% in the second quarter compared with the previous three-month period, picking up after a sharp first-quarter fall but less strongly than expected.

The figure released Friday by the Federal Statistical Office fell short of the 2% gain economists had forecast. In addition, the first-quarter decline was sharper than previously reported — a 2.1% drop in gross domestic product, rather than the 1.8% reported in May.

Second-quarter GDP was 9.6% higher than a year earlier. Last year's second quarter saw the strong initial impact of the coronavirus pandemic on the German economy, Europe's biggest.

© Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


GlobalTalk
Germany's economy grew by 1.5% in the second quarter compared with the previous three-month period, picking up after a sharp first-quarter fall but less strongly than expected.The figure released Friday by the Federal Statistical Office fell short of the 2% gain economists...
Germany,Economy
99
2021-00-30
Friday, 30 July 2021 05:00 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved