Contrary to economists’ expectations German exports increased in August by 2.4% from July this year, with the value of commodities sent overseas reaching €90.1 billion, from figures released by the Federal Statistics Office.
When compared to a year ago in August 2011, exports have risen considerably by 5.8%, which may fend off calculations that German growth is set to fall in the third and fourth quarters of this year.
The European Union (EU) member states accou...
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