Europe’s largest economy escapes the threat of recession … so far

Data showed today, Friday, that the German economy grew unexpectedly in the third quarter of the year, as Europe’s largest economy escaped the … Risk of recession For the moment, despite rising inflation and concerns about energy supplies.

The Federal Statistical Office said gross domestic product increased 0.3% from the previous quarter, according to seasonally adjusted data.

Experts interviewed by Reuters had expected a 0.2% contraction.

The Spanish economy also managed to avoid deflation in the third quarter with growth of 0.2%. According to provisional data from the National Statistics Institute (INE), the country’s economic growth dropped sharply from 1.5% in the previous quarter.