Germany: GDP in the 2nd quarter up 1.5% on previous quarter
Due to higher household and government consumption expenditure
30 July, 16:18After the coronavirus crisis had caused another decline in economic performance at the beginning of 2021 (-2.1% in the first quarter), the German economy recovered in the second quarter, Destatis said, noting that this was mainly due to higher household and government final consumption expenditure.
(ANSA).