German Economy Accelerates to Fastest Growth in a Year During First Quarter
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Germany's economy accelerated in the first quarter of 2024, with gross domestic product growing 0.3 percent compared to the previous quarter, up from 0.2 percent growth recorded in the final quarter of last year. The quarterly expansion represents the fastest pace of economic growth Germany has achieved in a year, signaling potential recovery momentum in Europe's largest economy after a period of slower expansion.