German economy returns to modest growth in 3rd quarter, expands by 0.1 percent

NEWYou can now listen to Fox News articles!

Official data show that the German economy, Europe's biggest, returned to modest growth in the third quarter — expanding by 0.1 percent after contracting slightly in the previous three-month period.

The quarter-on-quarter growth reported Friday by the Federal Statistical Office was in line with economists' expectations.

It follows a contraction of 0.1 percent in the April-June period — a figure that was revised from the initial reading of 0.2 percent.