German federal statistics office reports slower growth rate in Q2

Angela-Merkel-TVCNews

Image result for Germany's federal statistics officeGermany’s federal statistics office has reported slower growth of the economy in the second quarter of this year.

The growth which was slightly lower than expectation was driven by consumer spending and company investment.

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The economic data pictured Germany as enjoying stable rates alongside other EU nations.

Import bills in the reviewed quarter stayed higher.

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