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Germany's economy expanded for the first time in three quarters, preliminary data from Destatis showed Wednesday.
Gross domestic product advanced 0.4 percent sequentially in the first quarter, after staying flat in the fourth quarter and contracting 0.2 percent in the third quarter of 2018.
On a yearly basis, GDP climbed working-day adjusted 0.7 percent, which was slightly faster than the 0.6 percent expansion seen in the fourth quarter and in line with expectations.
However, on an unadjusted basis, economic growth eased to 0.6 percent from 0.9 percent a quarter ago. Destatis is set to publish more detailed GDP report on May 23.
