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Monday, 9 September 2019

UPDATE 2-German export rise "no reason for euphoria", says angst-gripped industry

UPDATE 2-German export rise "no reason for euphoria", says angst-gripped industryGerman exports unexpectedly rose in July, data showed on Monday, but business groups said tariff disputes and Brexit uncertainty still posed risks to Europe's largest economy as it teeters on the brink of recession. Exports rose 0.7% in July on a seasonally adjusted basis, while imports fell 1.5%, the Federal Statistics Office said. The trade surplus rose to 20.2 billion euros ($22.3 billion) after a downwardly revised 18.0 billion euros the month before.




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