German economy grows 1.5 per cent in eurozone boost

Germany's economy grew by 1.5 per cent in the first three months of 2011 compared with the previous quarter, according to official figures.

The figures from Destatis, which were better than forecast, showed that domestic demand had been one of the strongest drivers of growth.

Meanwhile France announced growth of one per cent in the same period, its fastest rate since the second quarter of 2006.

Figures earlier in the week showed that German exports and imports had both risen to their highest monthly level since records began in 1950.