Posted on October 9, 2023

German exports fell more than expected in August, adding to indications that Europe’s biggest economy has fallen back into recession.

Exports totalled 127.9 billion euros, a decline of 1.2 percent on the previous month, according to figures from federal statistics agency Destatis.

Imports were down 0.4 percent compared with July, totalling 111.4 billion euros.

The trade surplus — the difference between exports and imports — rose slightly to 16.6 billion euros.

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