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German Preliminary GDP Expands 0.1% in Q4

A.F 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.

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