Posted on 10/10/2016 7:24:53 PM PDT by Berlin_Freeper
German exports rebounded more than expected in August, recording their biggest rise in more than six years and dispelling fears that Europe's biggest economy is heading for a slowdown.
Seasonally adjusted exports rose by 5.4 percent, the largest rise since May 2010, data from the Federal Statistics Office showed on Monday, while imports increased by 3.0 percent.
The data signals that exports, which had been weakening and losing their traditional role as the main growth driver in Germany, will contribute to an expected expansion in the third quarter.
(Excerpt) Read more at reuters.com ...
Let’s hope they’re not moozlems.
I don’t believe it any more than I believe a single economic statement coming out of this administration.
August. New model-year cars? Benz, VW, Audi, Porsche, BMW ?
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