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Bloomberg Quint

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Image Credit: Bloomberg Quint

German Exports Fall More Than Expected As US Shipments Sink

  • German exports fell more than expected in May, with a 1.4% decline from the previous month, worse than the -0.5% median estimate.
  • Imports in Germany also sank, including a more than 10% drop in sales from the US.
  • The risk of tariffs and the strengthening euro are causing concerns for German and European exporters.
  • Germany, vulnerable to US tariffs, faces a potential recession, but plans to boost defense and infrastructure offer optimism amid mixed economic indicators.

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