Gross Domestic Product (GDP) in Germany was up 0.6 percent between April and June from the previous quarter, just below economists' expectations of 0.7
percent.
Nevertheless, the figure confirmed a continuing overall positive trend which economists attributed to rising investment and domestic consumption.
German consumers are increasingly in a spending mood as low unemployment contributes to higher earnings and the lasting low interest rate environment
disincentivizes saving. At the same
time Tim
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accommodate hundreds of thousands of refugees.
Unlike during the first quarter of 2017, trade was not a major driver of growth between April and June.
"Price-adjusted imports grew much faster than exports compared to the same period last year," the Federal Statistical Office noted.
Firms appeared unperturbed by international risk factors such as Brexit, underscoring a new record level in business confidence recently measured by the
Munich-based Ifo Institute for Economic Research. The optimism in boardrooms was
reflected in growing investment in
machinery Torey
Krug Bruins Jersey , buildings and other assets.
The healthy showing of the German economy adds to a wider picture of a strengthening economic recovery across the Eurozone. The 19-member block grew by
0.6 percent in the second quarter of 2017, slightly behind the United States and
twice the rate of Britain.
China's Discovery ROV collects samples in western Pacific Ocean
Plane sprays nutrient solution over field in NE China
Trump directs USTR to examine China's IP practices despite worries about potential harms to bilateral trade ties
Heavy rain hits Rongan County in S China's Guangxi
Weekly choices of Xinhua photo (Aug. 5 - Aug. 11)
Highlights of multinational drill in Georgia
People mark national Fitness Day around China
Aerial view of Gula Town in S China
SEOUL, Aug. 7 (Xinhua) -- Gasoline and diesel consumptions in South Korea hit a new quarterly high in the April-June quarter due to cheap crude oil and the
so-called golden holiday in May, a government report showed Monday.
Consumption of gasoline and diesel David
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highs of 20 million barrels and 43 million barrels each in the second quarter,
up 3.6 percent and 3.8 percent respectively from a year ago, according to the
Ministry of
Trade Danton
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It was attributed to low crude oil prices, an increase in traffic volume in May that had the so-called golden holidays such as the Children's Day and the
Buddha's Birthday, and the rising number of passenger cars.
Naphtha consumption expanded 4.5 percent over the year to 160 million barrels in the quarter on demand from the oil refining companies.
But consumption of Bunker-C oil, which is used for power plants Zdeno
Chara Bruins Jersey , tumbled 31.8 percent, while LPG consumption fell 0.9
percent on the falling number of LPG-powered vehicles.
Consumption of all oil products reached 234 million barrels in the June quarter, up 1.4 percent from a year earlier.
Oil product exports declined 4.2 percent to 119 million barrels, but the exports value of oil products jumped 14.6 percent to 7.2 billion U.S. dollars
thanks to higher product prices.
Crude oil imports inched down 0.7 percent to 265 million barrels in the cited period as oil refiners did maintenance works of some of their factories.
Research vessel "Kexue" leaves Shenzhen for scientific expedition
Tourists enjoy scenery of Diaoshuilou Waterfall in NE China
Farmers busy with farm work across China
Old castle attracts tourists in China's Shanxi
Weekly choices of Xinhua photo (July 31 - Aug. 6)
In pics: Daofu Tibetan houses in SW China's Sichuan
In pics: lotus flowers amid morning mist in E China
1st high speed railway in Inner Mongolia starts operation
Birdwatchers
Birding is for positive an eminent diversion appreciated by millions around the globe. Its beauty lies with the
certainty Brandon
Carlo Bruins Jersey , that practically someone can do it; paying small
mind to whether you are 6 or 80. It can be shabby or expensive as you prefer and
its ageless claim implies that it can rise above the period hole in a manner
that for all intents and purposes no other pastime can. By doing this, it serves
to unite every of us as people. Not at all like numerous parts of our lifestyle,
it is positive that they will at present be watching feathered creatures the
same path in hundred years, and perhaps utilizing the same
riggings Riley
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exist around then.
Albeit not by and sizable perceived by primary society, there's truth be told recognizing sorts of individuals who affection to
watch winged animals. First, you have the standard birdwatchers; fundamentally
that is any individual who cherishes watching winged creatures paying small
respect to where they are. It doesn't make a difference what animal varieties it
will
be Anders
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flying creature table regular or taking an tour to the neighborhood lake,
watching the waterfowl and rationally recording their identities and
tricks.
There's some birdwatchers, like me who go a small further and invest in a pair of binoculars and perhaps some appropriately coloured clothing. They
also take pleasure in watching birds in our gardens and parks, but they also
occasionally take journeys out in to the
countryside Bobby
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they can immerse ourselves in avian heaven and forget all of the stresses that
often plague us in our everyday
lives.
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