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German Gross domestic product increased also in 4th quarter of 2015
The German economy continued its moderate growth at the end of 2015. In the fourth quarter of 2015, the gross domestic product (GDP) rose 0.3% on the previous quarter after adjustment for price, seasonal and calendar variations. The economic situation in Germany in 2015 was characterised by solid and steady growth (+0.3% in the third and fourth quarter each and +0.4% in each of the first two quarters). The Federal Statistical Office (Destatis) also reports that this results in a +1.7% average increase (calendar-adjusted: +1.4%) for the whole year of 2015. The provisional result released in January has largely been ... (full story)