German exports rose a seasonally adjusted 3.8% in June to a preliminary estimate of €86.5B...

|By:, SA News Editor
German exports rose a seasonally adjusted 3.8% in June to a preliminary estimate of €86.5B ($113.9B), just €2.2B behind the record high set in Oct. 2008. Imports reached their highest-ever monthly level of €72.4B. The numbers add to expectations that Germany will report surprisingly strong Q2 growth on Friday.