Percorso:ANSA > Nuova Europa > News > Consumers help German economy to rebound in Q1
Consumers help German economy to rebound in Q1
GDP grew by 0.4% in the first quarter
15 May, 11:41
(ANSA-AP) - BERLIN, 15 MAG - Official figures show that the
German economy returned to growth in the first quarter of 2019
on the back of solid consumer spending and a construction boom
in Europe's largest economy.
The Federal Statistical Office reported Wednesday that the
country's economy grew by 0.4% in the first quarter from the
previous three-month period.
ING economist Carsten Brzeski says the rebound suggests any
panic about the state of German economy was overblown but that
there is no room for complacency. (ANSA-AP).
© Copyright ANSA - All rights reserved
