Economics
German Economic Growth at End of 2016 Probably Beat Forecast
- GDP increased about half a percent in October-December period
- Fourth-quarter report due to be published on Feb. 14
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Germany’s economic expansion last quarter may have accelerated more than analysts predicted as 2016 growth climbed to the fastest pace in five years.
Gross domestic product expanded about half a percent in the October-December period from the previous three months, when it grew 0.2 percent, according to the Federal Statistics Office. Economists forecast an increase of 0.4 percent, forecasts compiled by Bloomberg show. GDP rose 1.9 percent in 2016, beating a 1.8 percent median estimate.