Thursday June 4, 2020

German exports fall more than expected in October

Exports fell by 1.2% while imports declined by 3.4%

9th December, 2015
German exports were down by 1.2% in October Pic: Pixabay

German exports fell by 1.2 per cent in October while imports fell by 3.4 per cent, suggesting Europe's largest economy is still struggling to shake off the impact of a slowdown in China and other emerging markets.

This is the second time in three months that imports have dropped sharply, data from the Federal Statistics Office showed on Wednesday. Economists had expected exports to fall by 0.5 per cent and imports to decline by one per cent.

The...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

The former NTMA head says he is ‘quite alarmed’ at the potential for legal actions over the large number of deaths in nursing homes during the crisis

Michael Brennan | 1 month ago

Oil storage in the self-styled ‘Pipeline Crossroads of the World’ is full to the brim, but the black stuff keeps on coming. With much of the world’s economy in a Covid-19 slowdown, at one point last week, benchmark US crude oil was priced at minus $37.63 a barrel

Barry J Whyte | 1 month ago

Every time Donald Trump spoke on the Covid-19 crisis last week, the stock markets plunged by another point

Marion McKeone | 2 months ago