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German economy grows moderately in last quarter of 2016

February 14, 2017 02:56 AM

BERLIN (AP) — Germany's Federal Statistics Office says the country's economy continued its moderate growth at the end of last year, thanks largely to household and government spending.

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The figures released Tuesday show that gross domestic product rose by 0.4 percent in the fourth quarter of 2016. The statistical office had offered a rough estimate last month of half a percent.

In the third quarter, the German economy, Europe's biggest, grew by 0.1 percent.

For the year as a whole, the country saw growth of 1.9 percent, the office said, confirming the provisional annual GDP result released in January.

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Copyright 2017 The Associated Press. All rights reserved.

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