Sharp drop in German, French exports casts pall on eurozone
August slump drives German trade surplus down to 17.5b euros and French trade deficit up to 5.8b euros
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Frankfurt
THE economic skies above the eurozone darkened again on Thursday as data showed a sharp drop in exports from its two biggest economies, Germany and France.
German exports contracted by a massive 5.8 per cent in August - the steepest drop since January 2009 - causing the trade surplus to shrink to 17.5 billion euros (S$28.3 billion).
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
