India, May 23 -- The German economy grew at a stronger-than-estimated pace in the first quarter as higher tariff threats by the U.S. administration led to the frontloading of orders for the country's goods, lifting exports and industrial production.
Gross domestic product grew 0.4 percent, which was double the initial estimate of 0.2 percent, a detailed report from Destatis revealed on Friday. This followed a 0.2 percent contraction in the fourth quarter.
"Growth was slightly higher than predicted in the first estimate due to the surprisingly good economic development seen in March," Federal Statistical Office President Ruth Brand said.
"In particular, manufacturing output and exports registered stronger growth than initially assumed," B...