Advertise On EU-Digest

Annual Advertising Rates

5/10/13

German exports 0.5 percent higher in March

German exports rose 0.5 percent in March compared with the previous month, a figure that follows promising data on industrial orders and production in Europe's biggest economy.

The increase announced Friday by the Federal Statistical Office wasn't enough to cancel out a 1.2 percent decrease in February, but it was the third rise in four months.

The German economy is in better shape than many others in the 17-nation euro area and is believed to have returned to growth in the first quarter after shrinking in last year's final three months.

Read more: German exports 0.5 percent higher in March

No comments: