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German shipments abroad have gone up for three months in a row, the statistics agency has reported. The fresh data it provided revealed that demand for German goods was strongest outside the eurozone.
German exports have been hit by sluggish demand from many of its most important markets, the national statistics office has reported. The recent drop in shipments abroad is seen as yet another warning signal.
German exports dipped unexpectedly at the beginning of the year, a sign that Europe’s largest economy may be feeling the effects of the global economic slowdown and the strengthening euro.
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