German GDP Grows at Fastest Rate in Five Years - News Summed Up

German GDP Grows at Fastest Rate in Five Years


BERLIN—Germany’s economy grew strongly in 2016, propelled by a buoyant labor market and a pickup in government spending, likely making it one of the fastest-growing of the Group of Seven industrialized nations. Germany’s gross domestic product expanded by 1.9% in 2016 from 2015 in inflation-adjusted terms, the Destatis statistics body said Thursday. This is the highest rate since 2011, beating the government’s own prediction of 1.8%...


Source: Wall Street Journal January 12, 2017 09:49 UTC



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