German economy grows slower than expected in second quarter

The German economy grew by a slim 0.1 percent in the second quarter of 2011, according to official data published Tuesday.

"The dynamism in the German economy has cooled significantly since the robust start to the year," the federal statistics office, Destatis, said in a statement.

Analysts polled by Dow Jones Newswires had expected Europe's biggest economy to grow by 0.4 percent between April 1 and June 30 as the eurozone grappled with a crippling debt crisis.

The data showed Germany was actually growing at a slower pace than battered, debt-ridden Spain, where gross domestic product (GDP) grew by 0.2 percent in the second quarter.

For more: German economy grows slower than expected in second quarter | Business | Deutsche Welle | 16.08.2011