German Economy Grows 0.6% in First Quarter
German Economy Grows 0.6% in First Quarter
Berlin - QNA
Company investments, a booming export market and strong consumer spending all helped the German economy post quarter-on-quarter growth of 0.6% in the first quarter of 2017, according to preliminary figures released by the German Federal Statistics Office.
GDP growth during the first three months of the year followed an increase of 0.4% in the final quarter of 2016. Bundesbank estimates that the German industry will likely profit from domestic and foreign demand in the April-June quarter, attributable, among other things, to confidence in the manufacturing sector.
According to the Munich-based economic institute, the mood in the German economy improved in April. Positive stimuli are also likely to come from private consumption, according to the Bundesbank. Consumers are in a buying mood due to the historically favorable situation on the labor market.
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Bucharest - SANA
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Moscow - TASS
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London - DPA
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Spain - DPA
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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