Breaking News

Germany Trade Balance Swings To Deficit; Exports Unexpectedly Fall

Germany's trade balance logged an unexpected deficit in May as trade disruption dampened exports, while rising energy prices pushed up imports, data from Destatis showed on Monday.

Exports dropped unexpectedly by 0.5 percent on a monthly basis in May, reversing April's 4.4 increase. Shipments were forecast to grow 0.9 percent.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

by Renju Jaya

For comments and feedback: contact editorial@rttnews.com

More Breaking News