Weaker exports drove German GDP contraction in third quarter - statistics office
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BERLIN (Reuters) - Weaker exports were the primary driver behind Germany's first quarterly economic contraction since 2015, data showed on Friday, confirming a preliminary negative reading of 0.2 percent in the third quarter.The Federal Statistics Office said exports fell 0.9 percent on the quarter while imports rose 1.3 percent, which resulted in net trade deducting 1.0 percentage point from growth."German economic growth has stalled," the statistics office said. "The slight decline in the..