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Thursday, Feb 14
German Q4 GDP -0.6% Q/Q vs +0.2% in Q3 and consensus of -0.5%. On year, +0.1% vs +0.4% and...
German Q4 GDP -0.6% Q/Q vs +0.2% in Q3 and consensus of -0.5%. On year, +0.1% vs +0.4% and +0.2%. For 2012, GDP +0.7%. Q4 GDP contracted on quarter mainly due to relatively weak foreign trade,with exports falling much more than imports. Household and government expenditure rose slightly while gross fixed-capital formation in construction sipped and that for machinery and equipment dropped sharply. (PR)