Published

German economy grew less than expected in Q3, statistics office says

  • The German economy grew by only 0.1% in the third quarter of 2024, which was less than the preliminary estimate of 0.2% according to the Federal Statistical Office, or Destatis.
  • Exports of goods, an important aspect of Germany's economy, decreased by approximately 2.4%.
  • Household consumption increased by 0.3% and government spending rose by about 0.4%, despite ongoing challenges in the economy.
Insights by Ground AI
Does this summary seem wrong?
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 44% of the sources lean Left
44% Left
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)