Germany, Italy Grow Less Than Forecast Amid Global Uncertainties
- German GDP rose 0.4%, Italian GDP was up 0.2% in 4th quarter
- Data Tuesday set to confirm euro-area economy expanded 0.5%
Germany has driven Europe’s moderate but resilient recovery that also benefited from a weak euro.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
German and Italian growth fell short of forecasts, casting doubt on the strength of two of the euro area’s biggest economies amid global uncertainties.
German gross domestic product rose a seasonally-adjusted 0.4 percent in the three months through December, while Italian GDP expanded 0.2 percent, according to the nations’ statistics offices. Both figures missed predictions in Bloomberg surveys by 0.1 percentage point.