Economics
Germany Keeps Momentum Showing Resilience to Global Turmoil
- Fourth-quarter GDP rises 0.3%, matching pace of prior quarter
- Euro-area GDP due at 11 a.m., economists predict 0.3% growth
European Bank Rout Deepens
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Germany’s economy sustained its momentum at the end of 2015, showing resilience amid an emerging-market slowdown that’s heightened concerns about global growth and sent equities plunging this year.
Gross domestic product rose a seasonally-adjusted 0.3 percent in the three months ended Dec. 31, matching the rate of the previous quarter, the Federal Statistics Office in Wiesbaden said on Friday. That’s in line with the economist estimates in a Bloomberg survey. The economy expanded a calendar-adjusted 1.5 percent in 2015.