Bureau Chief for Germany, Austria, Switzerland
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Nov 25, 2014

Jump in private consumption helps Germany avoid recession in third quarter

BERLIN (Reuters) – A sharp rise in private consumption more than compensated for stubborn weakness in investment to help the German economy post modest growth in the third quarter and avoid a technical recession, data showed on Tuesday.

The Federal Statistics Office confirmed an earlier flash estimate showing a 0.1 percent rise in seasonally-adjusted gross domestic product (GDP).

Nov 25, 2014

Jump in private consumption helps Germany avoid recession in Q3

BERLIN, Nov 25 (Reuters) – A sharp rise in private
consumption more than compensated for stubborn weakness in
investment to help the German economy post modest growth in the
third quarter and avoid a technical recession, data showed on
Tuesday.

The Federal Statistics Office confirmed an earlier flash
estimate showing a 0.1 percent rise in seasonally-adjusted gross
domestic product (GDP).

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    • About Noah

      "I run the Reuters news operations for Germany, Austria and Switzerland based in Berlin, and write regularly about German politics and European economic issues. I've reported from over 20 countries for Reuters since joining in the mid-1990s, including stints in Paris, London and New York."
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