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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.

CATEGORY: Doctors General Practitioners

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A C Pilkington A Hutchings A Q Qadri A S Chalapathy
A Sheth Albion Health Centre Ali, S K Ali, S Y
Alison Snailes Allum Medical Centre Al-Mudallal, G Amena Sudderuddin
Amin, N Amin, R T Anantha, G R Anil K Jain
Aratsu, N Athena Medical Centre Atun, R A Au, Y C
Azad, K H B C Nandi Bailey, J Baines Dr P S
Banerjee, A L Banerjee, B Barker, M Barnabas, A J
Baron Dr I D Bashir, A Basnyat Dr R B Bath Street Surgery
Baura, G K Beechwood Road Surgery Beeks, M Bernard, F
Bhadra, N B Bhaiwala, B Z Bhowmik, P R Bingham, S
Blithedale Medical Centre Boomla, K Boomla, S Britt, C
Bromley by Bow Health Centre Brown, G Burnett, A B Buscombe, J
Camden & Islington Community Health Services N H S Trust Cathy Highton Chalabi, N Chanda, A K
Chang, M K L Charles, H Chatterjee, P Choudhuri Dr B B
Chrisp Street Health Centre Clive S Lloyd Cochran, K Cochran, K J
Comyns Close Clinic Dadabhoy, M E Dadabhoy, S David Aitchison & Partners
Davies, D Davis & Grenville Davis, P A Davison, C
Dean, T Delany Dr M Desai, J D Deva, A
Devons Road Surgery Docklands Medical Centre Dr A Jumaily Dr A M Siddiqui
Dr A.B.J Stables Dr A.K Rana Dr B Subramanian Dr B.N Mukherjee
Dr Bhagrath Dr Brohi Dr F Sarwar Dr K V Kapur
Dr K.H Azad B.Scmb BS Dr Kiyani Dr M Chang Dr M H Rahman
Dr M Mridha Dr M S Duggal Dr N Amin Dr P Alagaraja
Dr P.A Davis Dr S A Hussain Dr S Swedan Dr S Velupillai
Dr Shui Surgery Drake & Cog Driver, N R Drs Adams Huddart Humphreys & Newland