German consumers, state spending drive stronger-than-expected recovery in Q2 - NewsBreak

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By Sain in Business
Updated 3 years ago

BERLIN (Reuters) - Private consumption and state spending drove a stronger-than-expected economic recovery in Germany in the second quarter following an easing of COVID-19 curbs, the Federal Statistics Office said on Tuesday, in a revision to an earlier estimate. Gross domestic product grew by 1.6% on the quarter from April...

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