Germany's growth widened in the third quarter as indicated by the preliminary reading which came in at 0.7% compared with the advanced 0.3% which was revised to 0.4% and median expectations of 0.8%.

On the annual basis, the contraction for the working days adjusted reading eased to -4.8%, in line with projections from the revised contraction of 5.8% from 5.9% contraction. As for the annual non-seasonally-adjusted reading, the contractionmoderated to 4.7% from the revised contraction of 7.0% from 7.1% contraction which isbetter than forecasts of 5.0% contraction.