Open Demo Account
Home / Market Update / German Preliminary GDP Expands 0.1% in Q4

German Preliminary GDP Expands 0.1% in Q4

Adel 29 January, 2021 1:14 pm Market Update

The German economy grew 0.1% inter-quarter in Q4 of 2020 with the expectation of 0% and 8.5% seen in Q3, the preliminary report published by Destatis revealed on Friday.

Meanwhile, the GDP yearly rate fell by 3.9% in Q4 against the previous reading of -4% and beat market expectations of -4% contraction.

Tags

Check Also

US stocks climb as rate cut hopes defy cautious Fed

The Dow Jones Index has seen slight gains on Monday, climbing four-tenths of a percent …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends