New records

London news

German GDP slumps 0.6 per cent in Q4



The German economy shrank in the last three months of 2012, with a plunge in exports driving the contraction.

Seasonally adjusted data from the Federal Statistics Office confirmed an earlier flash estimate showing that German GDP fell by a more-than-expected 0.6 per cent in the last quarter of the year.

It marks the biggest fall since the economy contracted by 4.1 per cent at the start of 2009.

Foreign trade deducted 0.8 per cent from GDP while domestic demand added 0.2 per cent.

The data showed that exports dropped by two per cent in the fourth quarter while imports fell by 0.6 per cent, boding ill for struggling Eurozone states that had hoped to offload more of their goods on Germany, where rising wages, high employment and moderate inflation have boosted domestic demand.


Pages: [1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] [13] [14] [15] [16] [17] [18] [19]

U & E Electronics Ltd U & G Air Movement U & K Heating U - Freight PSL Ltd
U 4 Print Services Ltd. U A C E S Secretariat U A F Forwarding (U K) Ltd U A P Incendie-Accidents
U B Distribution Services Ltd U B I Q Creative Training Ltd. U B S U B S Building Services Engineers
U B Shipping Ltd. U B Traders U B X Security Plc U Beyzade
U Boss U C Associates U C K G Help Centre U C L Hospitals N H S Trust
U C L Hospitals NHS Trust U C L Painting Analysis U C L Properties Ltd. U C M Timber Plc
U C M Worldwide Ltd U C Mas (UK) Ltd U C T Ltd. U D M Records
U D O Group Of Companies U D O Jenn U D O Mayfair U D O Mayfair Ltd.
U D O Reprographics U Dastidar & Co U Drive School Of Motoring U E C C Liner Services Ltd.
U Freight (UK) Ltd U G C Cinemas U G Motors U I B Holdings (U K) Ltd.
U I E (UK) Ltd U Jani U K Food & Wine Ltd. U K N G O Aids Consortium for the Third
U K & European Property Developments Ltd. U K & Overseas Investigations U K & Samuel & Co U K Association of Frozen Food Producers
U K Axles U K Black Links U K Black Links Ltd U K Cables Ltd.
U K Car Hire Service 24 Hour U K Carpentry Ltd U K Catering Supplies Ltd. U K Consumer Electronics Ltd.
U K Contracts Corporation Ltd. U K Displays U K Driving Ranges Ltd. U K Emergency Services
U K Estate Management Ltd. U K F Pizza U K for U N H C R U K Gibraltar Tourism Association
U K Gold Broadcasting Ltd U K Graphics U K I Ltd. U K I Products Ltd.
U K Independant Financial Advisors & General Insurance Consultant U K Independence Party U K Independence Party Ealing U K Intec Ltd
U K Islamic Mission U K Kitchen & Bedroom Studios U K Korean Consortium Ltd U K Land Investment Ltd
U K Living Ltd. U K Lohia Electronics U K Medi-Care Associates Ltd. U K Medical Consultants Ltd.
U K Office Supplies & Equipment Ltd. U K Packaging Supplies Ltd. U K People Carrier U K Pharma Ltd.
U K Pizza U K Plant U K Press U K Property Investments
U K R (U K) Ltd. U K Real Estates U K Relocation Services Ltd. U K Restaurant
U K Roofing & Building Contractors U K Security Services Ltd U K Shipping Agencies Ltd U K Shopfront & Shutters Ltd.
U K Solution Systems Ltd. U K Supermarket U K Systematic School of Motoring U K Systems Servicing