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BREAKING NEWS

German exports surge

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German exports surge

German exports surge
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Mixed economic news from Germany where exports in June surged at their fastest pace in nearly three years.

They rose by a much bigger-than expected seven percent from May. However, German industrial production fell 0.1 percent month-on-month in June. The Economy Ministry put the best spin on that and said it believed a record slump in German industry had probably bottomed out.