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BERLIN—The German economy grew in the third quarter, an unexpectedly positive performance powered largely by private spending, official figures showed Friday. But the immediate outlook for Europe’s biggest economy remained gloomy, with inflation rising again in October.
Gross domestic product expanded by 0.3 percent in the July-September period compared with the previous quarter, the Federal Statistical Office said. That followed a slight increase of 0.1 percent in the second quarter.
"The German economy managed to hold its ground despite difficult framework conditions of the global economy, with the continuing COVID-19 pandemic, supply chain interruptions, rising prices, and the war in Ukraine," the statistics office said....