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| Version 0 | Version 1 |
|---|---|
| German economy slows in third quarter | German economy slows in third quarter |
| (34 minutes later) | |
| The German economy slowed in the third quarter of the year, according to official figures, but growth in France picked up. | The German economy slowed in the third quarter of the year, according to official figures, but growth in France picked up. |
| Germany's economy grew by 0.3% in the July-to-September period, down from 0.4% in the previous quarter. | Germany's economy grew by 0.3% in the July-to-September period, down from 0.4% in the previous quarter. |
| Growth was held back by foreign trade, with imports rising more strongly than exports. | Growth was held back by foreign trade, with imports rising more strongly than exports. |
| The French economy also grew by 0.3% in the same period, but this marked a pick-up from zero growth previously. | The French economy also grew by 0.3% in the same period, but this marked a pick-up from zero growth previously. |
| The third quarter growth figure for the eurozone as a whole is due to be released later. | The third quarter growth figure for the eurozone as a whole is due to be released later. |
| Higher imports | |
| Germany's Federal Statistics Office said the economy had shown "continued moderate growth". | |
| It said growth was helped by increased domestic consumption, but it added foreign trade "had a downward effect on growth because the increase in imports was markedly larger than that of exports". | |
| A sharp rise in imports also weighed on France's third-quarter growth figure, according to the French statistics agency INSEE. | |
| But it added that the economy saw an increase in household spending, and that production of goods and services picked up. | |
| INSEE also confirmed that the economy saw zero growth in the second quarter of the year, and grew by 0.7% in the January-to-March period. | |
| "The (GDP) figure... confirms that we have left in 2015 the period of very weak growth that France had experienced since 2011," said French Finance Minister Michel Sapin. |