German economy grows at record pace before second wave of pandemic
BERLIN (Reuters) - The German economy grew by a record 8.2% in the third quarter as higher consumer spending and exports helped Europe’s largest economy to recover partly from its worst-ever recession caused by the COVID-19 pandemic, data showed on Friday.
The jump in output from July to September was the biggest since the Federal Statistic Office began collecting quarterly growth data in 1970 and was stronger than the 7.3% increase predicted by economists in a Reuters poll.