OUTPUT, DEMAND AND JOBS
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OUTPUT, DEMAND AND JOBS German GDP growth increased in the second quarter to an annualised rate of 4.7%; year-on-year growth slowed to 3.1% from an upwardly revised 3.4% in the first quarter. American GDP growth was also revised slightly higher to an annual rate of 5.3%. Japanese industrial production fell by 0.7% in July. The 12-month rate of increase slowed to 4.4%.
This article appeared in the Economic & financial indicators section of the print edition under the headline “OUTPUT, DEMAND AND JOBS”