German economy powers on as trade, investments drive third quarter growth

BERLIN (Reuters) – Germany’s economy powered ahead in the third quarter thanks to buoyant exports and investments, data showed on Tuesday, as it cemented its role as the euro zone’s growth engine.

Workers are silhouetted on amongst scaffold at Potsdamer Platz square in Berlin, Germany, October 27, 2017. REUTERS/Fabrizio Bensch

Seasonally adjusted gross domestic product (GDP) rose by 0.8 percent on the quarter, stronger than the consensus forecast of in a Reuters poll of 0.6 percent, which was also the second quarter growth rate.

“The upswing continues and it’s broad-based,” Sal. Oppenheim

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