Germany has no growth in the three months to June

Germany registered no growth in the three months to June, heightening fears for the eurozone’s largest economy.

Gross domestic product was unchanged in the second quarter, federal statistics show, meaning it technically came out of the winter recession.

That represented an improvement compared to a decline of 0.1 percent in the first quarter and a contraction of 0.4 percent in the fourth quarter of last year.

The International Monetary Fund has just downgraded its forecasts for the German economy and now expects it to contract by 0.3 percent in 2023.