Economy 15 May 2012 German economy edges out of recession 0.5 per cent growth recorded in the first quarter. Print HTML German GDP rose 0.5 per cent in the first quarter, returning the German economy to growth, and showing it has grown by 1.7 per cent from a year ago. The French economy, meanwhile, recorded zero growth in the first three months of the year, and figures released later today are expected to show the eurozone as a whole has returned to recession. The German figures were well ahead of those forecast, and show that Germany has avoided a double-dip recession. German analysts Destatis said that a rise in exports and higher domestic consumption had given the economy a boost, and had offset a decline in investment. Car makers are benefitting from demand in growing markets like China, and falling unemployment and rising wages are helping domestic demand. Economists hope that the change in direction in Germany will help drive the eurozone out of recession. › Other people's business, Tuesday 15 May. Photograph: Getty Images Subscribe More Related articles The murder of my friend Giulio Regeni is an attack on academic freedom The changing world of work Beyond terror: how are the Paris attack survivors healing their “invisible wounds”?