The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

German economy grows by 0.4% in summer, beating initial estimate

Contributed by NAMPA / DPA.

Frankfurt (dpa) - The German economy increased more strongly than initially reported - by 0.4% - in the third quarter compared to the previous quarter, the Federal Statistical Office announced on Friday.
In a first estimate, the Wiesbaden-based authority had logged an increase in economic output adjusted for price, seasonal and calendar effects of 0.3%.
German gross domestic product (GDP) growth was in positive territory as it was in the first two quarters of the year - at 0.8% and 0.1% - despit ...