German exports gather pace, boosting recovery hopes
5 months ago
25
06/07/2024June 7, 2024
Germany's export market appears to be on the mend, with shipments out of the country once again showing month-on-month growth. However, the country's trade surplus dipped as imports also increased.
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Germany has been sending more goods abroad, but trade in the opposite direction has been even higherImage: Hinrich Bäsemann/picture alliance
Exports from Germany appeared to accelerate in figures released on Monday, boosting hopes that Europe's largest economy emerged from a downturn.
Germany's export-orientated economy was particularly hard hit in recent years by a slowdown in the global economy, temporarily high energy prices, and rising interest rates.
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This article was written using material from the DPA news agency.
5 months ago
25
Germany has been sending more goods abroad, but trade in the opposite direction has been even higherImage: Hinrich Bäsemann/picture alliance
