The German economy probably suffered a "significant decline" in Q4, the Economy Ministry says - in contrast to consensus forecasts of 0.8% growth - with the industrial sector cutting output due to weak demand in Europe. However, the ministry expects the economy to "revive significantly" this year given its underlying strength and encouraging signs in the global outlook. Germany is due to publish 2012 GDP estimates on Tuesday. The euro was flat versus the dollar midday in Europe.
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