Germany’s economy grew more than previously thought in the third quarter despite high inflation and an energy crisis, revised official data showed Friday.
Europe’s biggest economy expanded by 0.4 percent between July and September compared to the second quarter — slightly better than the 0.3 percent growth previously calculated by federal statistics agency Destatis.
Analysts had forecast a contraction in the third quarter as the fallout from Russia’s war in Ukraine takes a toll on European economies.
“Overall, the German economy remains robust,” Destatis said in a statement.—APP
