German Exports Grow Unexpectedly

India, June 9 -- Germany's exports increased unexpectedly in April and growth in imports slowed notably, data from Destatis revealed Tuesday.

Exports grew at a faster pace of 0.9 percent month-on-month in April, following March's 0.3 percent increase. Economists had forecast exports to fall 0.3 percent.

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1568189509843-0'); });

Meanwhile, growth in imports eased notably to 1.2 percent from 4.5 percent.

As growth in imports outpaced exports growth, the trade surplus fell to EUR 14.5 billion in April from EUR 14.7 billion in March.

For comments and feedback contact: [e-mail]

Published by HT Digital Content Services with permission from RTT News....