OUTPUT, DEMAND AND JOBS

OUTPUT, DEMAND AND JOBS In the second quarter Germany's GDP grew by 1.0%; its year-on-year growth rate quickened to 2.9%. France's annual GDP growth rate rose to 2.3%. In the year to July Britain's industrial output rose 2.3%, up from 1.9% in June. In August Germany's unemployment rate was 11.6%, a post-war high. America's jobless rate edged up to 4.9%.