By Xavier FontdegloriaGermany swung to a trade deficit in May as exports fell and imports grew amid high energy costs. Economists polled by The Wall Street Journal were expecting a surplus of EUR3.0 billion for May. German exports fell 0.5% on month to EUR125.8 billion in May, while imports increased 2.7% to EUR126.7 billion. Economists expected a 0.9% increase in exports and a 0.2% advance in imports. Write to Xavier Fontdegloria at xavier.fontdegloria@wsj.com-0-(END) Dow Jones NewswiresJuly 04, 2022 02:46 ET (06:46 GMT)Copyright (c) 2022 Dow Jones & Company, Inc.
Source: Wall Street Journal July 04, 2022 06:57 UTC