'Alive and kicking' - German economy shifts into higher gear
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BERLIN (Reuters) - The German economy picked up more steam than expected in the second quarter, driven by higher household and state spending, data showed on Tuesday, suggesting that Europe's biggest economy is powering ahead despite trade-related business uncertainties. Gross domestic product expanded by 0.5 percent quarter-on-quarter, the Federal Statistics Office said. That compared with a Reuters forecast of 0.4 percent.The office also revised up the quarterly growth rate for the first three..