German Exports Declined For The Second Month in a Row in September

Germany’s exports fell for a second straight month in September, while imports nearly stagnated, the statistics office said on Tuesday, in a new sign that supply chain disruptions are undermining the recovery of Europe’s largest economy.

Seasonally adjusted exports fell 0.7% during the month to 112.3 billion euros ($129.75 billion), compared with economists’ expectations of little change.

Imports rose 0.1% to 99.2 billion euros, weaker than the 0.6% increase analysts had expected.