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 fourth 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. The pace exceeded the average 1.2 percent growth rate of the last ten years.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.