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Monday, December 10, 2012

German exports surprisingly rise.

German exports grew 0.3% in October on month to a seasonally adjusted €92.8B, beating a 2.4% fall in September and consensus of -0.3%. Imports rose 2.5% and the trade surplus narrowed to €15.2B. Meanwhile, French industrial production slipped 0.7%, missing consensus for a rise of 0.2% but improving on a drop of 2.7% in September.

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