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Thursday, Nov 15
2012, 3:05 AM
German Q3 adjusted GDP +0.2% Q/Q, in line, and vs +0.3% in Q2. On year, slows to +0.4%...
German Q3 adjusted GDP +0.2% Q/Q, in line, and vs +0.3% in Q2. On year, slows to +0.4% unadjusted from +0.5%. Exports climb more than imports, although there "mixed signals from within Germany," says the Statistics Office. "That was the last good number from Germany for the time being," says Commerzbank economist Joerg Kraemer. "The German economy will probably shrink somewhat in the fourth quarter." (PR)