Germany Records 1st Export Deficit, In Over 30 Years
1 min readGermany recorded its first monthly trade deficit since 1991 in May as a result of higher import prices, figures released Monday show. The Federal Statistical Office said exports reached 125.8 billion euros ($131.5 billion) last month, while imports came in atGermany recorded its first monthly trade deficit since 1991 in May as a result of higher import prices, figures released Monday show. The Federal Statistical Office said exports reached 125.8 billion euros ($131.5 billion) last month, while imports came in at