German economy grew by 2.5 percent in 2007: data
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The German economy grew by 2.5 percent last year, provisional figures released on Tuesday by the national statistics office Destatis showed.
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German industrial production grew by a slight 0.1 percent in July, less than expected by analysts, following a drop of 0.2 percent in June, preliminary data corrected for seasonal variations showed on Friday.
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Inflation in Germany, the eurozone's biggest economy, picked up to 2.0 percent last month from 1.8 percent in July as a result of high oil prices, official data showed.
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Like-for-like rise of around 5% on previous year.
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The euro-zone economy grew by 0.5 percent in the second quarter of 2004, a touch slower than in the first three months of the year, according to initial estimates released Tuesday by the European Union.
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It&#39;s the fastest-growing economy in Europe, in the fifth year of a boom that has seen gross domestic product climb by over a third since 1999.
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German economic growth has picked up, lifted by strong export demand. Europe's largest economy grew by 0.5% in the three months to the end of June from the previous quarter and 0.2% from the same period a year ...
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The German economy shrank by 0.2 percent in the last three months of 2004, a preliminary estimate by the federal statistics office, Destatis, shows, confirming a slowdown in activity in the eurozone's biggest economy in the second half of last year.
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Germany experienced the strongest growth in four years in 2004, but weak consumer spending continued to hamper Europe's largest economy, the government statistics office said Thursday.
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The German economy, Europe's biggest, is currently running up one record after another.
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German gross domestic product grew unexpectedly strongly in the second half of last year.
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Germany's gross domestic product (GDP) grew by 1.7 percent in 2004 after three years of stagnation, the Federal Statistic Office announced Thursday.
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Germany's economic recovery will continue at a slower pace than expected, an economics institute said Tuesday as it lowered its 2005 growth forecast to 1.4 percent from 2.1 percent.
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The German government is counting on job market reforms to lower unemployment in 2005, while predicting growth of at least 1.5 percent of gross domestic product (GDP), according to a draft report quoted by the Welt am Sonntag newspaper.
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FRANKFURT (Der Spiegel) - China's economy is continuing to expand at a blistering rate - with 11.5 percent growth in the third quarter of 2007. It is now poised to overtake Germany as the world's third largest economy within weeks and will soon also take Germany's crown as the world's biggest exporter. China's economy is continuing to surge ahead in double-digit growth figures and is due to overtake Germany as the third largest in the world within the next few weeks.  The country announced 11.5 percent growth for the third quarter of 2007, down on the 11.9 percent of the second quarter thanks to government efforts to cool the boom.
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BERLIN  - A German research institute lowered its economic growth outlook for Germany for 2005 on Tuesday, saying exports are expected to slow and domestic demand will not rise enough to make up the difference.
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The German economy slowed in the final three months of 2007 after price rises led shoppers to cut spending