German Economy Stagnated in Fourth Quarter

22 Şubat 2019

German economy stagnated in the December quarter of 2018, which was the first time GDP shrank since 2015.Compared to previous quarter economy shrunk 0,2 percent. Year-on-year, the economy expanded a calendar-adjusted 0.6 percent in the fourth quarter. Positive contributions to the GDP came from domestic demand, in particular government spending (0.3 percentage points), gross fixed capital formation (0.2 percentage points), and household consumption (0.1 percentage points) In contrast, changes in inventories substacted 0.6 percentage points off of GDP, while net foreign trade was unchanged. (22.02.2019)
Source: Markets Insıder
Post by : Republic of Turkey Ministry of Trade