German exports decline

Exports from Germany, Europe's largest economy, declined more than economists forecast in July as cooling global growth curbed demand.

Sales abroad, adjusted for working days and seasonal changes, fell 1.7 percent from June, the Federal Statistics Office in Wiesbaden said yesterday. Economists expected a drop of 1.1 percent, the median of 10 forecasts in a Bloomberg News survey showed. In the year, exports rose 7 percent.