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Saturday, 7 January 2012
BBC World News
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BERLIN — Germany’s economy slipped into reverse in the last quarter of 2011 despite posting strong growth of 3 percent for the full year, the country’s Federal Statistics Office said Wednesday.
ReplyDeleteWhile the 2011 growth figure was as expected by analysts, the statistics office also said that the German economy likely contracted by 0.25 percent in the last quarter of 2011. The exact figure for fourth quarter growth is due only in mid-February and could be revised.