(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

Germany’s economy expanded by 2.7% in 2021, held back by supply snarls and the fastest inflation in three decades.

While no quarterly breakdown was given, performance in the final three months of the year was “weak,” according to an Economy Ministry release on Friday.

“The final quarter of 2021 was probably weak, given necessary restrictions in contact-intense services and production difficulties in manufacturing due to persistent supply bottlenecks,” the ministry said in its monthly report.

©2022 Bloomberg L.P.