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9/13/2021, 10:49 AM (Source: TeleTrader)
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Germany's Q3 GDP to 'pick up significantly' - ministry

The German gross domestic product growth is seen accelerating "significantly" in the third quarter, the country's Ministry of Economy said in a report published Monday.

"Overall, there will likely be a noticeable increase in economic output in the current third quarter," the document stated, adding that the growth is expected to then normalize in the fourth quarter.

Germany reported a 1.6% GDP growth in the second quarter.

Baha Breaking the News (BBN) / MD