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Gross domestic product in the 4th quarter of 2018 at the previous quarter's level
In the fourth quarter of 2018, the gross domestic product (GDP) remained nearly at the previous quarter's level after adjustment for price, seasonal and calendar variations. Hence short-term economic development in Germany showed two trends in 2018. The Federal Statistical Office (Destatis) reports that, after a dynamic start into the first half of the year (+0.4% in the first quarter, +0.5% in the second quarter), a small dip (-0.2% in the third quarter, 0.0% in the fourth quarter) was recorded in the second half of the year. For the whole year of 2018, this was an increase of 1.4% (calendar adjusted: 1.5%). Hence ... (full story)
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