“Dramatically Poor”

German exports fell in September at the fastest pace since late last year, official figures show, adding to evidence that the eurozone crisis has infected the continent’s economic powerhouse.

September imports fell 1.6% and exports declined 2.5% month-on-month, seasonally adjusted data from the Federal Statistics Office showed. Overall exports were down 3.4% from a year earlier but orders from eurozone countries plunged 9.1%.

“The trade figures are a normal consequence of the dramatically poor industrial orders, which have fallen at their sharpest rate in a year.”