After a setback at the beginning of the German exporters have delivered in February again more products in the world. Exports climbed year-on-year by 3.9 percent to 95.7 billion euros, the Federal Statistics Office reported. Imports rose less rapidly by 0.8 percent to 76.5 billion euros.
Compared with January, exports Seasonally adjusted 1, 5 percent and imports by 1.8 percent. Bank economists were expecting an increase in exports, but only 1.0 percent
To start to the year there had been a setback for the German export industry.: Exports were down by 2.1 percent. Thanks to the good of February, German exports are now but 1.7 percent above the level of the first two months 2014th
Weak euro revived the business
Experts predict that the German exporters also headed for another record year in 2015 due to the weak euro. Foreign trade association BGA said for this year, an export increase of 4.5 percent advance.
In February, the exporters provided especially to countries outside the euro-zone significantly more were made in Germany. This should also due to the lower rate of the euro are as ING economist Carsten Brzeski Diba emphasizes: “The weaker euro is the most encouraging signal for the German industry.”
Exports to the EU countries that are not members like England or Poland, the Euro-zone, climbed in February year on year by 6.4 percent to 20.9 billion euros. In countries outside of the European Union goods were exported to the value of 39.2 billion euros. Thus, exports there compared to February 2014 by 4.6 percent to
slightly weaker -. But also positive – the trade developed with partner countries of the euro zone: Exports rose by 1.7 percent to 35.6 billion euros
Company productions again
The German company also increased their production. Industry, construction and utilities together accounted 0.2 percent more than in the previous month ago. This corresponds to the expectations of economists.
However, production shrank by 0.4 percent in January and was thus worse than expected. Originally, the statisticians were reported here, an increase of 0.6 percent
The Federal Ministry of Economic Affairs, said:. “Given the positive mood in the company’s production is expected in “<21.519897304236"
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