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Germany sees slowdown as debt crisis hits Europe's biggest economy
Saudi Press Agency Published in Saudi Press Agency on 15 - 11 - 2012


German economic growth slowed in the third quarter
on fallout from the eurozone debt crisis, data released Thursday
showed and quoted by dpa.
The statistics office said gross domestic product (GDP) in
Europe's biggest economy expanded 0.2 per cent quarter-on-quarter.
The figure compared with a 0.3-per-cent growth rate in the second
quarter. The German economy expanded 0.5 per cent in the first three
months of the year.
Analysts had predicted that third-quarter GDP would come in at 0.1
per cent.

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