Berlin – The German exporters weather the crisis, Ukraine and the Russian sanctions. For the first time in a month that exports have hit the sales target of 100 billion euros. The revenues of exporters increased in July by 8.5 percent last month to 101 billion euros, the Federal Statistics Office announced.
“This is an export record for a single month,” said a statistician. “Especially the auto industry has helped.” Also, the surplus in the trade balance – the difference between exports and imports – reached 23.4 billion a new record
It is possible that export statistics falls due to the late summer holiday so very good.. The July uncommon for a few vacation days had previously been surprisingly marked rise industrial orders and production, such as the Federal Ministry of Economic Affairs announced.
Exports to non-euro zone belonging to EU countries – what about Britain and Poland are – closed in July with nearly 16 percent last month particularly strong at. Exports to the euro countries rose by 6.2 percent, the outside of the EU by 7.2 per cent.
In comparison to the previous month, exports climbed by 4.7 percent, as strong as since May 2012 not More. The imports grew surprisingly strongly with 1.8 percent.
The EU-Russia mutual sanctions in Ukraine conflict had stoked worries about burdens on foreign trade. However, the effects remain manageable so far. However, today, Monday, the EU countries want to adopt further sanctions against Russia. The government in Moscow has already announced countermeasures.
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