Germany’s GDP at the end of the last quarter 2014, increased by 0.7 percent compared to the third quarter of the same year, when the economy grew by 0.1 percent, stated in the Destatis report.
According to analysts surveyed by Bloomberg, the growth of the German economy in the October-December 2014 was to make only 0.3%. At the same time, with growth forecast at 1 percent per annum, German GDP grew by 1.4 percent.
It is necessary to add that the refined data on the dynamics of the German GDP, Statistical Office Destatis plans to release September 24.
The growth of the German economy in the past year according to final data was 1.6 percent, which is 0.1 percent higher than expected, while at the end of 2013, this value added only 0.1 percent.
European Commission experts forecast that the level of German GDP in the current year will add 1.5 percent and by the end of next year – 2 percent.
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