German economy to grow in Q4

Dubai-Mubasher: The German economy continues to grow, fuelled by private consumption, with refugees providing a limited additional boost, the economy ministry said on Friday.

The ministry added that Europe's largest economy was facing a slight headwind from the tough global economic environment but rising employment and wages along with the low oil price and the weak euro were helping.

Overall Germany's economic output has probably grown in the fourth quarter, the ministry said.

The economy rose by 0.3% in the third quarter.

Mubasher Contribution Time: 11-Dec-2015 11:36 (GMT)