Leading European stock indices are rising in Friday’s trading on German GDP data, according to stock exchange data. As of 12.10 Moscow time Friday, the French CAC 40 was growing by 0.76% to 4762.39 points.

Britain’s FTSE 100 was up 0.73% to 6877.75 points. German DAX 30 – by 0.58%, up to 10983.03 points; at the same time, after the publication of data on German GDP index DAX 30 for the first time exceeded the bar of 11 thousand points, reaching 11014 points. According to the national statistics office of Germany, the country’s GDP grew in the fourth quarter of 2014, according to preliminary estimates, by 1.6% in annualized terms. In quarterly terms, the German economy grew by 0.7%.

At the same time, analysts polled by Reuters expected the figure to grow by 1% in annualized terms and 0.3% in quarterly terms. “Germany’s economy started to recover much earlier than expected. Some were talking about a possible recession, but (Germany’s economy – ed.) has instead recovered. The fact that growth is mainly driven by the domestic economy gives good reason for optimism,” Reuters quoted Unicredit economist Andreas Rees as saying.

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