Germany: Q4 GDP expanded at 0.6% - BBH

Analysts at BBH note that Germany’s provided details of its Q4 expansion of 0.6% and private consumption and capital investment were flat.  

Key Quotes

“Government spending increased 0.5% in the final quarter, the same as in Q3.  Domestic consumption edged 0.1% higher.  The strength of the German economy seemed to be spurred by the 2.7% rise in exports, the strongest showing since mid-2010.  Imports rose 2.0%.  It is the third quarter in the past five that German imports rose 2% or more.  It suggests what private demand there was had been likely met by foreign production.”