Thursday, April 9, 2015

German exports to January dent in the black again – THE WORLD

Wiesbaden – After a setback at the beginning supplied the German exporters again in February more goods all over the world

Exports climbed year-on-year by 3.9 percent to 95.7 billion euros, the Federal Statistics Office in Wiesbaden announced on Thursday. 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

Experts predict that the German heading exporters also because of the weak Euro 2015 another record year. 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 considerably more goods ” Made in Germany “. This should also due to the lower euro exchange rate are as ING-Diba economist Carsten Brzeski 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 of 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 in the euro zone . The exports rose by 1.7 percent to 35.6 billion euros

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