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Solid German growth gives Merkel election tailwind

GDP in Q2 up 0.6 per cent from the previous quarter - the 12th consecutive quarterly growth

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Growth is mainly driven by domestic demand as consumers are benefiting from record employment, rising real wages and low borrowing costs.

Berlin

STRONG household and state spending consolidated Germany's role as the eurozone's growth engine in the second quarter, helping Chancellor Angela Merkel to burnish her economic credentials less than six weeks before an election.

Tuesday's data is the last major growth figures...

sentifi.com

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