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German economic recovery continued in Q4 - Buba


Published : Mon, 22 Jan 2007 12:17
By : Agencies
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FRANKFURT (AFX) - The German economic recovery continued in the fourth quarter of 2006, the Bundesbank said in its January monthly report.

'The cyclical upturn of the German economy has continued in the fourth quarter, according to the data available so far,' the German central bank said.

It said exports showed particularly strong growth in the quarter.

On Jan 11, the German statistics office Destatis said GDP grew a preliminary 0.5 pct in the fourth quarter compared with the third quarter.

On an annual basis, GDP grew a preliminary 2.5 pct in 2006 compared with 2005, according to Destatis.

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