German economy grew less than expected in Q3, statistics office says
- The German economy grew by only 0.1% in Q3 2024, less than the preliminary estimate of 0.2%, according to the Federal Statistical Office, or Destatis.
- Exports of goods decreased by about 2.4%, indicating struggles in a key economic area.
- Germany narrowly avoided a recession this year, which is defined by two consecutive quarters of economic shrinkage.
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Coverage Details
Total News Sources0
Leaning Left8Leaning Right4Center7Last UpdatedBias Distribution42% Left
Bias Distribution
- 42% of the sources lean Left
42% Left
L 42%
C 37%
R 21%
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