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Germany dodges recession, posts surprise growth on spending boost

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The German economy unexpectedly grew in the third quarter as domestic spending increased, official data showed Wednesday, defying expectations of a slowdown that would have tipped the European giant into a technical recession. Gross domestic product expanded 0.2 percent quarter-on-quarter, federal statistics office Destatis said in preliminary data, on the back of rising government spending […]

The post Germany dodges recession, posts surprise growth on spending boost appeared first on The Guardian Nigeria News – Nigeria and World News.

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