FXstreet.com (Barcelona) - German gross domestic product slowed down somewhat in the fourth quarter compared with the third, although it posted a moderate growth fuelled by capital investment, according to data released by Destatis.

From October to December, German economy increased 0,3%, after having grown at a 0,7% pace from July to September. On the year, GDP has increased 1.8%, following a 2.5% increase posted in the previous quarter.

According to Destatis, the fourth quarter's increase has been based on capital formation in machinery and equipment, which rose considerably, and on net exports, while declining household consumption made a negative contribution.