Germany’s economy grew by 0.2 percent in the first quarter of the year, according to preliminary data released Wednesday by the federal statistics office. The slight expansion, fueled by consumer spending and investment, is consistent with market expectations and has helped the economy avoid a technical recession following a 0.2 percent contraction in the previous quarter, Reuters reported.

Despite this positive uptick, Germany is the only G7 country that has not experienced yearly economic growth in the last two years. Analysts warn that President Donald Trump's newly announced US tariffs might have a substantial influence on Germany's export-driven economy, potentially paving the way for a third consecutive year of stagnation – an unprecedented scenario in the country's postwar history.