Last updated: February 16. 2013 4:12PM - 59 Views

Story Tools:

Font Size:

Social Media:

(AP) The Federal Statistical Office says Germany's economy, Europe's largest, grew 0.3 percent in the second quarter despite the eurozone's woes.

The office said Tuesday that the economy was helped by both consumer consumption and the balance of exports and imports.

The growth was slightly higher than the 0.2 percent gain in gross domestic product predicted by many economists, but still represents a slowdown from the 0.5 percent growth in the first quarter.

The government is predicting overall growth of 0.7 percent this year, though others are forecasting slightly more robust gains.

Associated Press
All user comments are subject to our Terms of Service. Users may flag inappropriate comments.
comments powered by Disqus

Featured Businesses


Info Minute

Gas Prices

Wilkes-Barre Gas Prices provided by GasBuddy.com