German imports up slightly in June from May

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Imports of commodities into Germany were up a little in June compared to the month before, but were up more strongly on the year.

Germany imported €75.6 billion (£65.7 billion) worth of commodities in June 2011, according to the Federal Statistical Office. This was only 0.3 per cent up from May 2011, but represented an increase of 6 per cent on June 2010.

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Of this, $50 billion of commodities were imported from member states of the European Union.

For the period January to June 2011, the country imported a total value of €446.5 billion of products compared to €379 billion in the same period in 2010. This was on a CIF basis.

FOB exports were down to €88.3 billion from €92.2 billion in May. However, this was still up on the €85.6 billion seen in June 2010.