Germany, Europe's biggest economy, narrowly escaped a new recession with minimal growth of 0.1% in the third quarter, official data has shown today.

German gross domestic product expanded by 0.1% in the period from July to September, after shrinking by 0.1% in the preceding three months, the federal statistics office said in a statement. 

Originally, the contraction in the second quarter had been reported as 0.2%. 

Recession is technically defined as two consecutive quarters of falling GDP.