Export malaise hits Germany as EU economic heavyweights struggle

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Sat, 2019-08-10 00:53

BERLIN: Momentum in German exports slowed in the first half of 2019 and abruptly reversed in June, adding to signs of broad-based weakness in an economy increasingly relying on domestic demand to eke out even meager growth.

A global growth slowdown accompanied by tariff disputes and uncertainty over Brexit has affected growth across western Europe, but Germany's traditionally export-reliant economy  has been particularly vulnerable.

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