Despite the many crises in the world, German exporters have achieved a new record. In July they exported goods worth 101 billion euros – more than ever within a month. A particularly large proportion had the car industry.
The German exporters have first cracked the sales mark of 100 billion euros, despite the Russia sanctions in a month. Your income increased in July by 8.5 percent last month to 101 billion euros, the Federal Statistics Office announced on Monday. “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 Economics Ministry said. Exports to non-euro-zone belonging to EU countries – what about Britain and Poland are – closed in July with 15.9 percent the previous month especially hard on. Exports to the Euro-countries grew by 6.2 percent, the outside of the EU by 7.2 per cent. The EU-Russia mutual sanctions in Ukraine conflict had stoked worries about burdens on foreign trade.
In comparison to the previous month, exports climbed by 4.7 percent, as strong as since May 2012 not more. Reuters poll of economists had only expected an increase of 0.5 percent. The imports grew surprisingly strongly with 1.8 percent.
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