German growth rose faster than previously estimated in the second quarter thanks to strong exports, official data shows, as Europe’s biggest economy defied the turmoil unleashed by the Iran war, according to AFP.

Gross domestic product grew 0.3 per cent from April to June compared with the first three months of the year, according to revised data from the statistics office Destatis.

A first estimate in July had put growth at 0.2pc.

“The German economy is maintaining the growth momentum seen at the start of the year,” said Destatis’s chief Ruth Brand, adding that “growth was primarily driven by the positive development of exports”.

The economy expanded 0.4pc in the first quarter.

The revision to second-quarter growth is another sign that the eurozone’s manufacturing powerhouse may be weathering the energy shock unleashed by the United States and Israel’s war against Iran better than feared.

Factory output and exports have also been ticking up in recent months despite the fallout from the conflict.

The revised GDP data shows that exports rose 2pc in the second quarter from the first, while imports were also up substantially.

Investment fell slightly, dragged down by a hefty fall in the field of machinery and equipment. Spending by both households and governments registered a small increase.