Economics
Germany Dodges Recession With ‘Slight’ Growth in Fourth Quarter
- Full-year 2018 performance was still weakest in five years
- Official fourth-quarter report due to be published on Feb. 14
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Germany’s economy narrowly avoided a recession at the end of 2018 after a slump in industry raised concerns over Europe’s growth engine.
There was a “slight” increase in gross domestic product in the three months through December, according to the Federal Statistics Office, which will publish official figures next month. But the quarter rounded out a year in which overall growth was the weakest since 2013.