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.


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