Concerns continue to mount in Europe as German exports fell by 1.8 percent in July, which was much more than expected. This month on month fall compares with a 1.2 percent decline in June. It has been stated that the German and French economies are slowly being dragged down by peripheral nations and this will do little to ease those fears. However, France on the back of a poor month recorded more positive results as their imports and exports both grew. Perhaps all this shows is that we are going through a volatile period in the economic recovery.
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