Germany's Trade Surplus Fell in May as Exports Ticked Down

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Germany's Trade Surplus Fell in May as Exports Ticked Down
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Germany's trade surplus unexpectedly falls in May as exports ease, imports rise

By Ed Frankl Germany's trade surplus fell unexpectedly on month in May, as exports declined marginally and imports rose, a sign that domestic demand could be improving despite a global economic slowdown, as the country's economy tries to shake off the recession it suffered in the winter.

In May, exports ticked down 0.1% on month on a calendar and seasonally adjusted basis to EUR130.5 billion, suggesting global demand for German manufacturing goods receded somewhat.

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