November 22, 2019 / 7:21 AM / 23 days ago

Exports, consumers help German economy avoid recession in third quarter

BERLIN, Nov 22 (Reuters) - Strong exports, state spending and consumers helped the German economy avoid a recession in the third quarter, detailed data showed on Friday, confirming a preliminary reading of a 0.1% expansion on the quarter.

The Federal Statistics Office said exports grew 1% in the quarter, which meant that net trade contributed 0.5 percentage points to overall economic expansion. (Reporting by Joseph Nasr Editing by Michelle Martin)

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