Quarterly Report Germany IV/2017

The pace of economic growth in Germany picked up considerably in the third quarter 2017. After price, calendar and seasonal adjustment, GDP increased by 0.8 percent over the previous quarter, following 0.6 percent growth in the second quarter. The BDI expects the real economic output to increase by 2.25 percent over the previous year, corresponding to an annual GDP growth of 2.5 percent following calendar adjustment.