Germany's economy expands less than expected in Q2

Germany's economy expands less than expected in Q2
Representative Image Image Credit: ANI
  • Country:
  • Germany

The German economy returned to growth in the second quarter but bounced back less strongly than expected, as coronavirus-related restrictions were eased and households started spending again, data showed on Friday.

Europe's largest economy grew by 1.5% quarter on quarter and by 9.2% on the year, the Federal Statistics Office said. A Reuters poll had forecast increases of 2.0% and 9.6% respectively.

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