German GDP surged 2.2% in Q2 2010 - - greatest quarterly growth since reunification in 1990; Q1 revised up
Aug 13th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
German gross domestic product (GDP) rose by 2.2% in the second quarter (Q2) of 2010 on the previous quarter after price and seasonal adjustment. It was the greatest quarterly growth since reunification in 1990. At the same time, the result for the first quarter of 2010 was revised substantially upwards, now showing a 0.5% increase. Hence the recovery of the German economy, which lost momentum at the turn of 2009/2010, is really back on track.