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Germany: Annual GDP grows 1.1% in Q3

FXstreet.com (Barcelona) - On an annual basis German GDP w.d.a. increased 1.1% in Q3, following a 0.5% rise registered the previous quarter, according to data released today by Destatis. This result is in line with forecasts.

On a quarterly basis Q3 GDP s.a. edged up 0.3%, following 0.7% growth in Q2, as expected.

Year-over-year GDP n.s.a. edged up 1.1% in Q3, compared with +0.9% in Q2.

Germany Gross Domestic Product n.s.a (YoY) improves to 1.1% in 3Q from 0.9% in 2Q

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EUR/USD flirting with 1.3490

The EUR/USD kept the area of session highs around 1.3485/90 on Friday after the GDP figures in the German economy....
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