Germany's economic growth rate is set to slow to 0.3 per cent in the final quarter of this year from 0.6 per cent in the July-September period, the DIW economic research institute said today.
"While most service sectors . . . could still grow with slightly more strength, a significant growth dip looms for industry and the construction sector in the fourth quarter," the DIW said in a statement.
"On the basis of the continued favourable overall economic environment, the weak growth in the final quarter by no means implies a stop to the current recovery phase," the DIW added.
Buoyant private consumption, exports and investment powered growth in the third quarter - the seventh consecutive quarter of expansion in the German economy.
On Friday, official figures showed Germany's trade surplus surged to a record high in October, led by strong demand from outside the European Union, but weak industrial output data raised questions about how long the economy's upswing will last.