German economy slows as weak trade bites - business live | Business
theguardian.com German economy slows as weak trade bites - business live | Business Graeme Wearden 12m ago 07:34 German growth slows as trade weakens Newsflash: Germany has suffered a growth slowdown after being hit by weak trade. The eurozone’s largest economy expanded by just 0.3% in the first three months of this year, official figures show. That’s a sharp slowdown compared to Germany’s 0.6% in the final quarter of 2017. It is also below the 0.4% which economists had expected. The Federal Statistics Office says: The German economy continued to grow at the beginning of the year, though at a slower pace. The slowdown was triggered by “less dynamic” foreign trade , as “both exports and imports decreased compared with the previous quarter”. Government spending also fell, for the firs time in five years, dragging growth back. But capital investment did rise during the quarte