(Bloomberg) -- The German economy, Europe's largest, expanded more than economists expected in the first quarter even as a sales-tax increase damped consumer spending.
Gross domestic product grew 0.5 percent in the three months through March from the previous quarter, when it expanded a revised 1 percent, the Federal Statistics office in Wiesbaden said today. Economists expected growth of 0.3 percent, according to the median of 41 estimates in a Bloomberg News survey.
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