Germany's exports fell by 0.6% in July, in contrast to analysts' expectations. Imports decreased slightly, and the trade balance had a surplus of 14.7 billion euros.
Delia Niculescu
.webp)
International
foto:shutterstock
Always see our news on Google
The data published by Destatis shows a decrease of 0.6% in Germany's exports in July, despite expectations of growth. Exports to the USA fell significantly by 7.9% due to tariffs imposed by Washington. In contrast, exports to EU countries increased by 2.5%. Imports decreased by 0.1%, resulting in a trade surplus of 14.7 billion euros. Additionally, industrial production increased by 1.3%, suggesting a possible stabilization of the economy. Germany remains an essential trading partner for Romania and other EU states.
Sources
Latest News
11:25
Dragoș Pîslaru accuses PSD and AUR of putting the money from PNRR at risk after the Senate vote on decarbonization: "It's an absolute blockage, requested by no one, made for a populist issue."
11:19
Several people were injured in a shooting attack in Valence, France. One of the injured is in serious condition. The attackers fled in a vehicle.
11:19
Due to financial problems, a municipality in Buzău County is giving up public lighting
11:11
Netanyahu confirmed that Israel did not accept the plan supported by the USA for the Gaza Strip, even with assurances regarding the disarmament of Hamas.
11:11
North Korea threatens Japan after the first test with Tomahawk missiles: "We will never remain passive spectators in the face of Japan's military developments, which could pose a serious threat."
See more news
NEWS ON THE SAME TOPICS
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
