BREAKING NEWS

BREAKING NEWS

German exports surge

Now Reading:

German exports surge

Text size Aa Aa

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.