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Europe & Russia Economic overview

January 2018

Economic growth in leading European gas markets strengthened over 2017.

Germany’s GDP grew by 2.8% on an annual basis in Q3 2017, marking the strongest rate of year-on-year quarterly growth seen in the country during the first three quarters of last year and one of the higher levels of growth in the region. The economy expanded by 2.1% and 2.3% in Q1 and Q2 respectively. GDP for the year as a whole is expected to have grown by around 2.5%. Employment levels in Germany are at...