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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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.