BUSINESS German GDP flat in Q4 2018: official data

BUSINESS

German GDP flat in Q4 2018: official data

AFP

15:28, February 14, 2019

Gross domestic product (GDP) in Germany neither grew nor shrank in the final quarter of 2018, official data showed Thursday, soothing fears the country could have suffered a technical recession in the second half.

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File photo: VCG

Federal statistics authority Destatis reported 0.0 percent change in GDP adjusted for price, seasonal and calendar effects between October and December, rounding off a 1.4-percent expansion over the full year -- 0.1 points lower than intially calculated last month.


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