BERLIN (Archyde.com) – German exports grew more-than-expected in January, rising 2.1 percent month-on-month, following falling in December on strong demand from the United States and Britain, data showed on Friday.
A Archyde.com poll had expected exports to rise 1.5 percent month on month.
The data showed that exports to the United States rose by 3.1 percent on a monthly basis, while exports to Britain increased by 7.8 percent.
The Federal Statistics Office said imports fell 3.4% from December, missing analysts’ expectations for a 2% increase.
Imports from China accounted for the majority of German imports, amounting to 12.7 billion euros.
(Prepared by Muhammad Aysem for the Arabic Bulletin – Edited by Mahmoud Abdel-Gawad)
