Preliminary GDP for the fourth quarter of 2020 grows 0.1% compared to the 0% expected

The Preliminary Gross Domestic Product for the fourth quarter of 2020 in Germany has grown by 0.1%, exceeding the expected 0%, although it is far from the 8.5% registered in the third quarter.

The new restrictions imposed in Germany as measures to protect against the spread of the Covid have made a dent in the German locomotive, which has still settled the quarter without falling into negative territory.

The interannual GDP in the same period stood at -3.9%, slightly improving the previous and forecast -4%.

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