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German economic growth reported

Berlin, May 2 (Prensa Latina) Official statistics indicate that the German economy grew again in the first quarter of 2024.

The increase resulted from 0.2 percent of the Gross Domestic Product (GDP), after a decline at the end of last year and throughout 2023.

The result is a little better than predictions by FactSet, which predicted an increase of 0.1 percent.

The rise was driven by a slight growth in investment in construction and exports, according to estimates from Germany’s national statistics institute.

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