Germany's Exports decline on low demand from southern Europe

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Source: BBC
© Scanpix/AFP

German exports declined by 3.6% in October in response to falling demand in the southern Europe affected by recession, according to official data. The decrease was the largest in the last six months; analysts projected the fall to be 1%. Imports declined by 1%, also signaling lower domestic demand.

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Fri, 09 Dec 2011 13:40:29 GMT

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