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1/10/12

German Exports Rebounded in November

German exports rebounded in November from a slump, helping bolster Europe's largest economy as the debt crisis clouds growth prospects.

Exports, adjusted for work days and seasonal changes, rose 2.5 percent from October, when they slumped 2.9 percent, the Federal Statistics Office in Wiesbaden said today. Economists forecast a gain of 0.5 percent, the median of 13 estimates in a Bloomberg News survey showed. Imports declined 0.4 percent from October, when they rose 0.1 percent.

For more: German Exports Rebounded in November, Bolstering Economy - BusinessWeek

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