A rise in German imports outstripped a modest gain in exports in June, data showed on Tuesday, narrowing the trade surplus as Europe's largest economy ended the second quarter struggling to maintain its strong momentum from the start of the year.
Soft industry orders and uncertainty generated by Britain's vote in June to leave the European Union are clouding the business outlook, meaning foreign trade, once Germany's growth engine, is unlikely to inject fresh dynamism into the economy.
Some German companies are holding off making investments in Britain until they know more about the post-Brexit relationship the country will forge with the rest of Europe.
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Soft industry orders and uncertainty generated by Britain's vote in June to leave the European Union are clouding the business outlook, meaning foreign trade, once Germany's growth engine, is unlikely to inject fresh dynamism into the economy.
Some German companies are holding off making investments in Britain until they know more about the post-Brexit relationship the country will forge with the rest of Europe.
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