BRUSSELS (CN) — EU exports to the United States fell to 37.4 billion euros ($43.4 billion) in November from 40.7 billion euros in October, extending a downward trend that has now accelerated to a 20% decline year-on-year, according to Eurostat data released Thursday.
The monthly drop of 3.3 billion euros came as European industrial production grew 2.5% compared to November 2024. In one sign of ramped up activity, German auto factories increased output by 7.6% compared to October.
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