German economy gets off to good Q1, but confidence dips

FE Team | Published: May 24, 2014 00:00:00 | Updated: November 30, 2026 06:01:00

FRANKFURT, May 23: Booming investment provided the German economy with a healthy kick start into this year, but business confidence in Europe's biggest economy appears to be stalling already, data showed on Friday. The German economy grew by 0.8 per cent in the first three months, according to the calculations of the the federal statistics office Destatis. That is the biggest GDP increase in three years. — AFP