Germany's GDP fell by 5% for 2009, reports the Federal Statistical Office. Thus analysts predicted reduction in the rate of 4,8%. Recall that in 2008 Germany's GDP increased by 1,3%. It is worth noting that after the recession, Germany's economy recovered faster than expected. Economic growth resumed in the second quarter of 2009 (+0.4%) and accelerated in the third quarter (+0.7%). Economists predict a GDP growth of 1,6% this year and 1,2% in 2011.
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