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Germany’s Exports Rose in July, But Below Pre-Pandemic Levels

Data showed that German exports increased 4.7% in July, indicating that Germany’s economic recovery from the Coronavirus crisis remains on track, although export shipments are still well below the pre-crisis level.

The Federal Statistics Office said that imports rose only 1.1% on a monthly basis, bringing the trade surplus adjusted in light of seasonal factors to 18 billion euros.

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