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Germany's exports of goods to the U.S. fell to a more than three-year low in June.
Jin10 Data, August 7th - The Federal Statistical Office of Germany released data on Thursday showing that industrial output in June fell by 1.9% compared to the previous month, a decline greater than the market expectation of 0.5%. Germany's exports in June rose by 0.8% month-on-month, higher than the market estimate of 0.5%. However, compared to May, exports of goods to the United States decreased by 2.1%, marking the third consecutive decline, reaching the lowest level since February 2022.