German growth rebound driven by lively household spending

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German growth rebound driven by lively household spending
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German household spending rose at its strongest pace in eight years, driving a r...

FILE PHOTO: A construction site is pictured in Berlin, Germany May 31, 2018. REUTERS/Axel Schmidt

The Federal Statistics Office on Thursday confirmed preliminary gross domestic product growth of 0.4% quarter-on-quarter and 0.7% year-on-year seasonally adjusted. Investments in construction increased 1.9% on the quarter which resulted in a contribution of 0.2 percentage points.

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