Germany: Preliminary Annual GDP grows 0.6% in Q3

FXstreet.com (Barcelona) - On an annual basis German flash GDP w.d.a. increased 0.6% in Q3, following a 0.5% rise registered the previous quarter, according to data released today by Destatis.

On a quarterly basis Q3 GDP s.a. edged up 0.3%, following a 0.7% rise in Q2, as expected.

Year-over-year GDP n.s.a. increased 1.1% in Q3, compared with +0.9% in Q2 and above expectations of 0.7% growth.