22 May 2001, 10:36  Bundesbank estimates German Q1 GDP up 0.5% on qtr, 2.0% on year

Frankfurt, May 22 (BridgeNews) - The Bundesbank said German economic output had held up relatively well in the first quarter of 2001 due to the high level of prior orders. This should mean that German real gross domestic product growth rose about 0.5% on the quarter and 2.0% on an annual comparison, it said in its May monthly report.

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