German exports fall by 1.2 percent in June: statistics

9th August 2011, Comments 0 comments

German exports fell in June on a monthly basis, the national statistics office said Tuesday in another sign of slowing global trade.

Exports declined by 1.2 percent, preliminary adjusted data released by the Destatis office showed, to 88.5 billion euros ($126 billion) following a revised monthly gain of 4.4 percent in May.

Imports were slightly higher at 77 billion euros, and Destatis said the country's adjusted trade surplus fell to 11.5 billion euros from 12.9 billion in May.

Germany is the second biggest exporting country worldwide, after China.

© 2011 AFP

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