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Spas and Spa hotels in Karlovy Vary, Czech Republic

15.05.2008 - German GDP climbs by 1.5 percent in first quarter

The German economy remained strong in the first quarter of this year.

The Czech Republic news are represented by www.karlovy-vary-czech-republic.com

Seasonally and calendar adjusted figures released by the Federal Statistics Office in Wiesbaden show that Germany's gross domestic product grew by 1.5 percent compared to the last quarter of 2007. It said first quarter growth was driven by both exports and domestic consumer spending. The office also said that the inflation rate in April slowed down to 2.4 percent compared to the same month last year. In March, inflation exceeded three percent.

(Deutsche German Bundeswehr depoyment ruled unconstitutional ...
US new home sales at 16-year-low ...
Euro tops $1.55 for first time ...
Software developers get tough on pirates ...
Welle)


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