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German Growth At 5-year Low In 2018, Economy Likely Skirted Recession In Q4

Germany’s economy grew for a ninth year in 2018 at the slowest pace in five years, largely driven by domestic demand, and likely avoided slipping into a technical recession in the third quarter. Gross domestic product rose a price-adjusted and chain-linked 1.5 percent from 2017, when it expanded 2.2 percent, preliminary data from the Federal Statistical Office showed on Tuesday.
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