Destatis

Germany's economy unexpectedly grew in the third quarter, avoiding a technical recession, federal statistics office Destatis reported Wednesday.

Gross domestic product expanded 0.2 percent quarter-on-quarter, Destatis said, on the back of rising government spending and household consumption.

Türkiye's foreign trade came in at $5 billion in September, pointing to a 47.8 percent decline from a year ago, data from the Turkish Statistical Institute (TÜİK) have shown.

Exports fell 0.5 percent year-on-year to $22.49 billion, and the annual decline in imports was 14.6 percent to $27.5 billion.

German factory output fell in March, official figures published on May 6 showed, as Europe's economic powerhouse registered the impact of the Russian invasion of Ukraine.     

Production was down by 3.9 percent on the previous month, according to the federal statistics agency Destatis, having risen for five months in a row.    

German industrial orders dropped sharply in March, official data published yesterday showed, as the Russian invasion of Ukraine hit demand.

Incoming orders were down 4.7 percent on the previous month in March, according to the federal statistics agency Destatis.