German economy returns to modest growth in 3rd quarter, expands by 0.1 percent

Official data show that the German economy, Europe’s biggest, returned to modest growth in the third quarter — expanding by 0.1 percent after contracting slightly in the previous three-month period.

The quarter-on-quarter growth reported Friday by the Federal Statistical Office was in line with economists’ expectations.

It follows a contraction of 0.1 percent in the April-June period — a figure that was revised from the initial reading of 0.2 percent.

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