German economy grows 0.4 percent in 2nd quarter

Published August 12, 2016

The German economy, Europe's biggest, grew 0.4 percent in the second quarter — a slower pace than in the previous three-month period but better than economists had forecast.

The quarter-on-quarter figure for the April-June period reported Friday by the Federal Statistical Office compared with a growth spurt of 0.7 percent in the first quarter.

Economists had predicted growth of only 0.2 percent for the second quarter.

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