German Exports, Industrial Output Dip as Pre-Tariff Boost Ends
German exports and industrial output fell more than expected in April as demand from the United States decreased following months of strong purchases in anticipation of U.S. tariffs, official data showed on Friday.
Europe's largest economy grew in the first quarter, helped by exports and industry front-loading ahead of anticipated U.S. tariffs, but this effect started its reversal in April, when German exports fell 1.7% from the previous month.
Analysts forecast a 0.7% drop in a Reuters poll.
Exports of goods to the U.S. fell by 10.5% compared with...
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