Germany's April exports rise 0.9%

Germany’s exports saw a slight increase of 0.9% in April, reaching €136.6 billion, despite challenges posed by rising energy prices and geopolitical tensions. Export growth to the European Union contributed a modest 1% increase, while exports to China and the United Kingdom declined. Germany’s largest trading partners remained the United States, although exports to the U.S. fell by 12.9% compared to the previous year. Economists expect very modest growth of no more than 0.5%.

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