Breaking News, World News and Taiwan News.

German exports up 0.9 percent in June amid a surge in imports

BERLIN--German exports rose 0.9 percent in June compared with the previous month, while the strongest rise in imports to Europe's biggest economy for nearly four years trimmed the country's trade surplus.

The export figure reported Friday by the Federal Statistical Office was slightly better than economists' 0.8 percent forecast and followed a 1.1-percent drop in May. Imports surged 4.5 percent, the biggest month-on-month rise since November 2010, following a 3.4 percent drop in May.

Germany's trade surplus for June was 16.2 billion euros (US$21.7 billion), down from 18.8 billion euros in May. June imports were 1.1 percent higher than a year earlier, while imports rose 2.1 percent.

The trade data follow disappointing factory orders and industrial production figures this week that underlined expectations of lackluster second-quarter economic growth.

Write a Comment
CAPTCHA Code Image
Type in image code
Change the code
 Receive China Post promos
 Respond to this email
WSJA
Subscribe  |   Advertise  |   RSS Feed  |   About Us  |   Career  |   Contact Us
Sitemap  |   Top Stories  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |   Arts & Leisure  |   Health  |   Editorial  |   Commentary
Travel  |   Movies  |   TV Listings  |   Classifieds  |   Bookstore  |   Getting Around  |   Weather  |   Guide Post  |   Student Post  |   English Courses  |   Terms of Use  |   Sitemap
  chinapost search