German GDP Rises 0.2% in Q3, Led by Private Consumption
German GDP rose 0.2% in the third quarter after 0.3% in the second, with private consumption the main driver. KfW economist Dirk Schumacher says higher energy prices have not dampened households’ willingness to spend.
The rise in energy prices has not appeared to have dampened German households' willingness to spend, KfW economist Dirk Schumacher says. German GDP rose 0.2% in the third quarter, with private consumption the main driver of growth, following 0.3% in the second. However, more problematic is the decl…