- German price-adjusted GDP increases 1.7% in 2015
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14 enero 2016
German price-adjusted GDP increases 1.7% in 2015
Destatis released its gross domestic product (GDP) growth for Germany on Thursday. Germany's price-adjusted GDP gained by 1.7% year-on-year in 2015, after a 1.6% increase in 2014.
Germany's calendar-adjusted GDP rose by 1.5% year-on-year in 2015, after a 1.6% growth in 2014.
The increase was driven by household consumption.
Household final consumption expenditure climbed by a price-adjusted rate of 1.9% year-on-year in 2015, while government final consumption expenditure jumped by 2.8%.
Price-adjusted exports of goods and services soared 5.4% year-on-year in 2015, while imports rose 5.7%.
The budget surplus was 0.5% of GDP in 2015.
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