German exports hit record high in June despite Iran war fallout - Sarmad

Data released by Germany’s Federal Statistical Office on Friday showed that German exports in June reached a new record high, despite the fallout from the Iran war and other economic pressures affecting Europe’s largest economy.

According to the report, issued by the office from its headquarters in Wiesbaden, central-southern Germany, export values amounted to approximately 139 billion euros, a 0.9 percent increase compared to May and a 6.6 percent rise compared to the same month last year.

The office stated that this monthly increase represents the highest export figure since the start of data recording, surpassing the previous record set in September 2022.