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Destatis released its gross domestic product (GDP) growth for Germany on Friday. Germany's preliminary GDP gained by 0.3% in the fourth quarter, in line with expectations, after a 0.3% increase in the third quarter.
The increase was driven by domestic demand and capital formation. General government final consumption expenditure grew faster, while household final consumption expenditure increased slightly.
On a yearly basis, Germany's GDP rose to 2.1% in the fourth quarter from 1.7% in the third quarter, missing expectations for a 2.3% growth. The third's quarter figure was revised down from a 1.8% increase.
In 2015 as whole, the economy expanded 1.7%.
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