Germany's economy grew by 0.2 percent in the third quarter, contrary to expectations of a decline, aided by increased government and household spending.
While the third quarter's growth is deemed a "positive surprise," the economic ministry warns that a definitive recovery trend is premature, suggesting ongoing instability.
LBBW analyst Elmar Voelker noted the encouraging signs in private consumption and falling inflation, but cautioned against premature optimism regarding a recovery.
Germany faces challenges from elevated energy costs and sluggish domestic consumption, contributing to the ongoing struggles of its key industrial sector.
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