Originally posted by original PM
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The German export sector also continues to suffer from the trade conflict. But it’s not all gloom and doom. Maybe it was hoarding in the run up to the first Brexit deadline but exports to the UK increased in the first few months of the year. In fact, German exporters almost sold as much to the UK as to China over this period.
Mind you this wasn't reported in the BBC article:
The news that Germany’s economy struggled so much in April has sent European stock markets.... higher!The main indices are all up around 0.7%, led by energy companies, technology firms and industrial groups.
Even German stocks are up. The DAX index has gained 0.5%, despite the news that factory output and exports both fell sharply in April.
Even German stocks are up. The DAX index has gained 0.5%, despite the news that factory output and exports both fell sharply in April.
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