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Germany’s GDP stagnated in Q3, unemployment steady at 6.3%

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**Germany’s GDP Stagnates in Q3, Unemployment Rate Steady at 6.3%**

Germany’s Gross Domestic Product (GDP) grew by 0.3% in the third quarter (Q3) compared to the same quarter of the previous year, aligning with market expectations. However, when compared to the previous quarter, the GDP remained flat, showing 0% growth and indicating economic stagnation.

Meanwhile, the seasonally adjusted unemployment rate held steady at 6.3% during the same period, reflecting stability in the country’s labor market.

These figures suggest that while there has been modest year-on-year economic growth, the short-term momentum has stalled, posing potential challenges for Germany’s economy moving forward.

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