Economic Times |
German economy struggles as exports and output tumble
Reuters Exports, traditionally the backbone of the German economy, dropped a seasonally adjusted 2.4 percent in May, data from the Federal Statistics Office showed, far more than the consensus forecast in a Reuters poll for a 0.4 percent drop and double the … Flagging Demand Makes German Economy No European Growth Engine German Economy Had Rough May; June May Have Been Better German industrial production, exports down in May |