Despite the monthly drop, the figures showed a slight improvement on the same month a year earlier, with an increase of 1.1 per cent on a calendar and seasonally adjusted basis, and a 1.2 per cent increase in original values, Destatis said in a press release.
The decline in July comes after previous gains and could reflect challenges in global trade dynamics or other economic factors impacting Germany’s export activities.
ALCHEMPro News Desk (NB)
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