President Barack Obama Message Board

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Politics : President Barack Obama

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To: ChinuSFO who wrote (80759)	8/13/2010 10:54:35 AM
From: tejek	Read Replies (1) of 149317

German quarterly GDP growth beats expectations By Polya Lesova FRANKFURT (MarketWatch) -- Germany's economy powered ahead in the second quarter, growing by 2.2% over the first three months of the year, the Federal Statistical Office Destatis reported on Friday. The performance was well above market expectations of 1.4% growth. "Such a quarter-on-quarter growth has never been recorded before in reunified Germany," Destatis said. Compared to the second quarter of 2009, German calendar-adjusted GDP expanded by 3.7%. The euro extended its gains after the data, trading up 0.5% to $1.2895.

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