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Forexikon

The Fourth-Quarter GDP in Germany

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Destatis announced on Feb.15,2011 that German fourth-quarter economic growth was still strong in 2010 as the international business developed steadily.

 

According to the record, German fourth-quarter GDP increased by 0.4% than last quarter, which was less than the expectation of 0.5%.

 

The net export was the main driver for the economic growth. In addition, Germany GDP was increased by fixed investment and domestic consumption.

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