German economy beats Q3 forecasts
Germany's economy grew more than expected in the third quarter, driven largely by increased government spending on infrastructure and defense. However, economists warn the recovery lacks self-sustaining momentum due to weak private investment.
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Germany's economy grew 0.2% in the third quarter, beating forecasts despite disruptions linked to the conflict involving Iran. The expansion marked a fourth straight quarter of recovery for Europe's largest economy, driven primarily by increased state spending. However, economists warn the growth remains heavily reliant on government support while private investment stays subdued.
