Deutsche Bundesbank Monthly Report, April 2005
"Real gross domestic product (GDP), adjusted for working days and seasonal swings, probably grew markedly in the first quarter," the monthly report for April said.
"Demand from abroad was again the key factor in the return of expansion and this led to exports increasing more strongly than imports over the first two months which boosted the contribution of net trade to overall growth. Against this, domestic demand remained generally weak," it said.
A recovery in Europe's biggest economy faltered in the second half of last year, with GDP stagnating in the third quarter and shrinking 0.2 percent in the final three months compared with the previous quarter.
The Bundesbank also said in this report that, while German manufacturing was firm in the first two months of the year, its performance since then has been somewhat weaker.
Click here to read the Deutsche Bundesbank Monthly Report on the Bundesbank's website
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