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Gross domestic product in the 4th quarter of 2022 down 0.2% on the previous quarter
The gross domestic product (GDP) fell by 0.2% in the fourth quarter of 2022 on the third quarter of 2022 after adjustment for price, seasonal and calendar variations. After the German economy managed to perform well despite difficult conditions in the first three quarters, economic performance slightly decreased in the fourth quarter of 2022. Especially the price, seasonally and calendar adjusted private consumption expenditure, which had supported the German economy in the first three quarters, was lower than in the previous quarter. The Federal Statistical Office (Destatis) also reports that the price adjusted GDP ... (full story)
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- Jan 30, 2023 5:00am Jan 30, 2023 5:00am
- Analyst007
- | Joined Oct 2022 | Status: Member | 49 Comments
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- Posted: Jan 30, 2023 4:06am
- Submitted by:Category: Low Impact Breaking NewsComments: 1 / Views: 1,148
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