German economy returns to modest growth

Published May 15, 2013 8:06am ET



BERLIN (AP) — The German economy managed to avoid sinking into recession during an unusually cold first quarter, but only just, official figures showed Wednesday.

Europe’s biggest economy grew by 0.1 percent in the January-March quarter compared with the previous three-month period, Germany’s Federal Statistical Office said. That followed a 0.7 percent decline in last year’s fourth quarter, a figure that was revised downward from the initial reading of 0.6 percent.

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