Germany's exports declined more than expected in February after recovering a month ago, data from Destatis revealed on Monday. Exports dropped 2.0 percent month-on-month in February, in contrast to the 6.
Germany's exports declined more than expected in August highlighting the risk of the economy slipping into a recession in the second half of the year. Exports decreased 1.
Most German exporters see trade declining or even strongly declining in 2023, the Federation of German Wholesale, Foreign Trade and Services (BGA) has said.
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.