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Global Economic News

War In Ukraine Dampens German Exports

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

The war in Ukraine and the subsequent sanctions on Russia took its toll on German exports in March, official data revealed Wednesday.Exports fell by more-than-expected 3.3 percent on a monthly basis in March, in contrast to the 6.2 percent expansion seen in February, data from Destatis showed on Wednesday. Shipments were forecast to drop 2.0 percent. Exports to Russia plunged 62.3 percent because ...

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