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Surprise Rebound In German Exports Not Enough To Calm Recession Worries

Por: RTTNews Business June 05, 2023

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Germany's merchandise exports grew unexpectedly in April led by strong demand from China amid the post-pandemic re-opening, but the rebound was not strong enough to ward off the worries surrounding the biggest euro area that slid into a technical recession in the first quarter in the backdrop of persistently high inflation.Exports rose 1.2 percent month-on-month, following a revised 6.0 percent fall in March, preliminary data from the... + full article



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