The Commerzbank AG logo sits on the bank's headquarters in Frankfurt, Germany. Europe's largest economy Germany expanded 0.1 percent in July-September period. /VCG Photo
Europe's largest economy Germany expanded 0.1 percent in July-September period, official data showed Thursday, dodging a second quarterly contraction that would have spelled a technical recession.
While the inching growth beat forecasts of a slight third-quarter contraction, federal statistics authority Destatis added that the shrinkage seen in the previous three months had been faster than previously thought, as output fell 0.2 rather than 0.1 percent.