Economics
German Exports Drop Most Since 2012 as Trade Damps Growth
- Economic output rises 0.3 percent, matching estimate
- Recent surveys suggest no immediate rebound in sight
This article is for subscribers only.
German exports fell the most in more than five years at the start of 2018, holding back growth in Europe’s largest economy.
A breakdown of first-quarter gross domestic product data showed foreign sales fell 1 percent, the most since 2012. Imports also declined, and net trade knocked 0.1 percentage point off GDP.