German Economy Grows 0.8% in First Quarter

(MENAFN- Qatar News Agency) Rlin may 15 (qna) - germany's economy grew 0.8% in the first quarter of this year government statisticians said thursday.

the seasonally and price-adjusted rise in gross domestic product (gdp) as compared to the fourth quarter of last year was greater than the 0.7% average forecast issued earlier by bank analysts german's news agency (dpa) reported.

growth in the fourth quarter of last year had been 0.4%.

federal statisticians said domestic demand had been a key driver in the surge aided by a mild winter that allowed construction activity to stay on track. year on year germany's gdp was up 2.5%. (qna)