Locomotives also slow down. In the fourth quarter of 2012, Germany's GDP it was down 0,6% from the previous three months, while it was up 0,4% year over year. The negative data is lower than analysts' forecasts (which were for -0,5%), but confirms the preliminary estimates released on February 14 by the German statistical institute Destatis.
Also in the last quarter of last year, moreover, export of the first European economy fell by 2% on a quarterly basis (+2% on year). As for cheap imports, suffered a decrease of 0,6% compared to the previous quarter and an increase of 0,5% per year.
- investments of companies in machinery were down 2% qoq and 9,3% year over year. THE private consumption they rose by 0,1% compared to the previous quarter, while compared to the same period last year they increased by 0,6%. The general budget surplus in 2012 it was equal to 0,2% of GDP and net loans amounted to 4,2 billion euros.
