German exports climbed nine per cent to €80.3 billion compared with April, when they suffered their biggest plunge since records began, according to federal statistics office Destatis. — Reuters pic
Imports grew at a slower clip of 3.5 per cent month-on-month, widening Germany’s trade surplus to €7.6 billion in seasonally adjusted terms. “German exports staged a first comeback but still have a long way to go before returning to pre-crisis levels,” said ING bank analyst Carsten Brzeski.
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