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Germany Exports Rebound In October

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Germany's exports grew for the first time in three months in October and also logged its strongest expansion in more than a year, data published by Destatis showed on Thursday.

Exports grew by adjusted 4.1 percent on a monthly basis in October, reversing a 0.7 percent fall in September. This was the biggest growth since July 2020 and also above the economists' forecast of 0.9 percent.

Imports advanced 5 percent on month, compared to the 0.4 percent increase posted in September. Imports were forecast to grow again by 0.4 percent in October. This was also the strongest since March.

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