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German economy set for highest quarterly recovery rate in third quarter - economy ministry

BERLIN (Reuters) - The German economy is expected to record its highest ever quarterly growth rate by far in the third quarter, largely thanks to state spending designed to offset the impact of the coronavirus pandemic, the economy ministry said on Wednesday.

Indicators for the fourth quarter signal a continuation of the recovery but at a more modest pace, it added.

Reporting by Kirsti Knolle, editing by Thomas Escritt

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