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TUESDAY, JUNE 16, 2026
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Germany economy back to growth

By  CL Jose May 24, 2024
Increased construction sector activity and a rise in exports cited as reasons

BERLIN: Germany's economy expanded slightly in the first quarter thanks to increased construction sector activity and a rise in exports, government data showed on Friday, matching a preliminary estimate of 0.2 per cent quarter-on-quarter growth released last month.

German news agency DPA quoted Ruth Brand, president of the Federal Statistical Office, as saying in a statement, “After GDP fell at the end of 2023, the German economy started 2024 on a positive note.”

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Written By

CL Jose

Editor at Business Benchmark News.