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German GDP grew 1.9% in 2016

Jan. 12, 2017 5:12 AM ETEWG, GF, EWGS, FGM, DBGR, DXGE, HEWG, QDEU, DAXBy: Yoel Minkoff, SA News Editor
  • German economic growth accelerated more than analysts forecast last year to its fastest pace since 2011, as falling unemployment and record-low interest rates boosted spending.
  • According to the Federal Statistics Office, GDP growth rose 1.9%, after a gain of 1.7% the previous year.
  • Germany is the first of the world's biggest developed economies to provide preliminary GDP data for 2016.
  • ETFs: EWG, DAX, GF, DXGE, DBGR, HEWG, EWGS, FGM, QDEU

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