Germany's exports registered a surprise drop in May, while imports rebounded after falling for two straight months, reflecting uncertainties surrounding the global demand and the contribution of net trade to economic growth. Exports decreased 0.1 percent month-on-month in May, reversing a 1.0 percent gain in April, data from Destatis showed on Tuesday. Shipments were forecast to grow 0.3 percent.
At the same time, imports rebounded 1.7 percent after a 0.1 percent drop. However, this was weaker than economists' forecast of 3.1 percent.
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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.