comparemela.com

Latest Breaking News On - கூட்டாட்சியின் புள்ளிவிவரங்கள் அலுவலகம் - Page 7 : comparemela.com

Germany s economy expands less than expected in second quarter - Netscape Money & Business

Germany s economy expands less than expected in second quarter 07/30/2021 8:30 BERLIN (Reuters) - The German economy returned to growth in the second quarter but bounced back less strongly than expected amid supply chain bottlenecks that are hitting industry, data showed on Friday. Europe s largest economy grew by 1.5% quarter on quarter, compared with a revised contraction of 2.1% in the first quarter, and by 9.2% on the year, the Federal Statistics Office said. A Reuters poll had forecast increases of 2.0% and 9.6% respectively. Compared with the fourth quarter of 2019, the last pre-pandemic period, gross domestic product (GDP) was still down 3.4%, the Statistics Office said. Growth is decent, but it could have been stronger if it wasn t for shortages of materials, VP Bank Group Chief Economist Thomas Gitzel said.

CORRECTED-Germany s economy expands less than expected in Q2

By Reuters Staff (Corrects headline to show figure refers to Q2, not Q3, with no change to text) BERLIN, July 30 (Reuters) - The German economy returned to growth in the second quarter but bounced back less strongly than expected, as coronavirus-related restrictions were eased and households started spending again, data showed on Friday. Europe’s largest economy grew by 1.5% quarter on quarter and by 9.2% on the year, the Federal Statistics Office said. A Reuters poll had forecast increases of 2.0% and 9.6% respectively. (Reporting by Maria Sheahan, editing by Thomas Escritt)

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.