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German industrial production sees a 1.3% rise in July, despite a drop in U.S. exports.
German industrial production rose by 1.3% in July, its first increase since March, despite a 7.9% drop in exports to the U.S., hitting a four-year low.
The rebound in production is seen as a positive sign for the German economy, which has been under pressure from tariffs, high energy prices, and increased competition.
Economists predict further industrial output growth and an increase in the trade surplus.
However, lower exports to the U.S., China, and the UK are expected to impact the economy in the coming months.
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