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.
