Economic activity in Germany slightly decreased in the fourth quarter of 2011. According to preliminary figures published by the Federal Statistical Office, the gross domestic product in the fourth quarter was 0.2 % lower in price-adjusted terms than in the preceding quarter.
Federal Minister of Economics and Technology Dr. Philipp Rösler said:
"The development of economic output in the 4th quarter of 2011 corresponds to our expectations. During the presentation of the annual projection I underlined that after the excellent growth in the last two years growing risks arising from the global economy and especially from the European environment may temporarily impair the German economy. In the course of the year the German economy will again record higher growth rates. This is also suggested by the stabilisation of the current economic indicators. For this reason, the economic policy must strengthen and sustain the growth potential."