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Germany Exports Growth Slows More Than Expected

Germany’s exports growth eased more-than-expected in April and imports dropped for the first time in three months, data released by Destatis revealed on Wednesday. Exports rose only 0.3 percent month-on-month in April, after a 1.3 percent rise in March. Economists had forecast a monthly growth of 0.5 percent. Meanwhile, imports declined 1.7 percent in April reversing a 7.1 percent rise.
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