Summary by Ground NewsGermany recorded its first monthly trade deficit since 1991 in May. Exports reached 125.8 billion euros last month, while imports came in at 126.7 billion euros. Analysts attributed the rise in imports to inflation. The seasonally adjusted figures resulted in a foreign trade deficit of almost 1billion euros.
2 months ago·Berlin, Germany
Germany records 1st export deficit in over 30 years
The seasonally adjusted figures resulted in a foreign trade deficit of almost 1 billion euros - a psychological blow to Europe's biggest economy, which prides itself on its strong export industries.
1 month ago·Mumbai, IndiaRead Full Article
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