Advertisement
New Zealand markets open in 5 hours 51 minutes
  • NZX 50

    11,946.43
    +143.15 (+1.21%)
     
  • NZD/USD

    0.5941
    +0.0005 (+0.08%)
     
  • ALL ORDS

    7,937.50
    -0.40 (-0.01%)
     
  • OIL

    82.51
    -0.30 (-0.36%)
     
  • GOLD

    2,342.00
    +3.60 (+0.15%)
     

Property bug, spending boost German GDP

Strong private consumption and higher construction investment drove a 0.7 percent rise in German gross domestic product in the first quarter, more than offsetting the effects of weaker foreign trade. As David Pollard reports, private consumption and construction investment is propelling growth.