Private consumption drove German growth of 1.5% in 2014
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Berlin
PRIVATE consumption and trade fuelled a 1.5 per cent expansion of the German economy in 2014, its best performance in three years but a result which masked weakness in the final three quarters of the year.
"The German economy turned out to be strong in a difficult global economic environment, benefiting especially from a strong domestic demand," Roderich Egeler, president of the statistics office said at a press conference in Berlin on Thursday.
Share with us your feedback on BT's products and services
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result