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German GDP is worse than expected in Q3 – Diário do Grande ABC

11/14/2018 | 5:16 a.m.

The German economy, the largest in Europe, performed worse than expected in the third quarter of 2018.

Between July and September, Germany's Gross Domestic Product (GDP) contracted 0.2% against the second quarter, according to data published Wednesday by Destatis, as the country's known statistical body. Analysts surveyed by The Wall Street Journal estimated a 0.1 percent smaller decline.

In the annual comparison, German GDP grew 1.1% in the third quarter. Analyst projections, however, rose 1.3%. Source: Dow Jones Newswires.

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