German economy avoids recession - just

The German economy, Europe’s biggest, returned to modest growth of 0.1% in the third quarter – avoiding a technical recession after contracting slightly in the previous three-month period, official data showed today.

German economy avoids recession - just

The German economy, Europe’s biggest, returned to modest growth of 0.1% in the third quarter – avoiding a technical recession after contracting slightly in the previous three-month period, official data showed today.

The quarter-on-quarter growth figure for the July-September period was in line with economists’ expectations. It followed a contraction of 0.1% in the April-June period, a figure that was revised from the initial reading of 0.2%.

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