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Asmussen sees German economic growth slowing slightly from second-quarter
September 11, 2013 / 6:04 PM / 4 years ago

Asmussen sees German economic growth slowing slightly from second-quarter

BERLIN (Reuters) - German economic growth is likely to slow slightly in the third and fourth quarters of this year from the expansion seen in the April-June period, European Central Bank policymaker Joerg Asmussen said on Wednesday.

Executive Board Member of the European Central Bank (ECB), Jorg Asmussen speaks during the annual meeting of the German business newspaper Handelsblatt in Frankfurt September 4, 2013. REUTERS/Ralph Orlowski

However, he added that the German economy, Europe’s largest, remains in “robust” shape.

Strong domestic demand drove a 0.7 percent quarterly increase in German gross domestic product in the second quarter, matching its growth rate in the first quarter of 2012.

(Fixes garble in headline)

Reporting by Reinhard Becker; Writing by Paul Carrel

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