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pampango

(24,692 posts)
Tue Apr 10, 2012, 06:33 AM Apr 2012

German exports rise for the second month in a row, but its trade surplus declined

The latest figures showed exports were up 1.6% over the month, following a 3.4% increase in January.

German firms had the most success in markets outside the eurozone where they recorded growth of 13.4% compared with the year before.

But the nation's trade surplus shrank to 13.6bn euros ($17.8bn; £11.2bn) in February from 15.1bn euros in January as imports grew strongly at 3.9%.

"More and more, the German economy's destiny is in the hands of its trading partners outside the eurozone," he added.

http://www.bbc.co.uk/news/business-17662058

Nice to see a high-wage, industrial economy performing so well.

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German exports rise for the second month in a row, but its trade surplus declined (Original Post) pampango Apr 2012 OP
Du rec. Nt xchrom Apr 2012 #1
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