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Germany May trade balance €14.4 billion vs €17.5 billion expected
Prior €18.4 billionThe German trade surplus narrows slightly as exports fell 0.1% on the month while imports grew by 1.7% on the month. An interesting thing to note is that German trade with Russia has dropped significantly since the whole Russia-Ukraine conflict. Exports to Russia are seen down 34.4% compared to a year ago while imports are down 92.6% compared to the same month last year. This article was written by Justin Low at www.forexlive.com...
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Posted: Jul 4 2023, 06:00
Author Name: forexlive
Views: 112282