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German Exports Rise Unexpectedly; Imports Drop

Germany’s exports increased in July, while imports decreased from the previous month, raising hopes that foreign trade contributed positively to economic growth at the start of the third quarter. Exports advanced 0.7 percent month-on-month in July, reversing a 0.1 percent fall in June, Destatis reported Monday. Meanwhile, imports dropped 1.5 percent, the biggest fall since last August, after risi
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