| August 12, 2010 at 11:31 pm
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The German economy grew by 2.2% in the three months to the end of June, its fastest quarterly growth in more than twenty years, BBC reported today. The main reason is its strong exports. But why is Germany strong in export? The reason is the origin brand. All goods made in Germany are functionally and emotionally gearing buyers!
See BBC report below German economy sees 'record' growth of 2.2%
Strong exports helped to boost German growth
The German economy grew by 2.2% in the three months to the end of June, its fastest quarterly growth in more than 20 years, official figures show.
"Such quarter-on-quarter growth has never been recorded before in reunified Germany," the national statistics office, Destatis, said.
The main reason for the higher-than-expected growth was strong exports, helped by a weaker euro.
Separate figures showed that the French economy grew by 0.6% in the quarter.
This compares with growth of 0.2% in the first three months of the year.
Meanwhile, the Spanish economy grew by 0.2% in the second quarter, compared with growth of 0.1% in the previous three months, its National Statistics Institute said.
Growth figures for the rest of the eurozone will be published later.