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German Trade Surplus Declines More Than Expected

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

Germany's trade surplus declined more than expected in July on weak exports and rising imports, exacerbating the possibility of economic contraction in the third quarter.

Exports posted a monthly decline of 0.9 percent in July, in contrast to June's 0.2 percent increase, Destatis reported Monday.

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