BERLIN—The German economy stagnated in the second quarter, data showed on Friday, with the war in Ukraine, the pandemic, and supply disruptions bringing Europe’s largest economy to the edge of a downturn.
Gross domestic product was unchanged quarter on quarter in adjusted terms, the federal statistics office said. A Reuters poll of economists had forecast growth of 0.1 percent.
However, the economy did better in the first quarter than originally reported, with the office upwardly revising that quarter’s growth to 0.8 percent from 0.2 percent.
Household and government consumption in particular helped support the economy in the April to June period, whereas the trade balance held it back, according to the office….