Analysts were too pessimistic: exports rise surprisingly strong – n-tv.de NEWS

 Economy
 

 Friday 08 April 2016

 
 
 

 
 German exporters show a very successful month of February. The export volume is much higher than predicted by experts. Especially strongly attracts demand from the EU countries.
 

 
 

The transactions of German exporters ran in February thanks to strong demand from Europe much better than expected. Exports increased by 1.3 percent the previous month, the Federal Statistics Office in Wiesbaden announced. They put almost as vigorously as predicted times of economists. Previously, exports had fallen two months in a row in January to 0.6 percent in December to 1.3 percent

A total of goods the company sold time worth of 99.5 billion euros abroad.. That’s 4.1 percent more than in February 2015. Particularly strong laid their exports to the EU member states to: There was an increase of 5.5 percent. It was in business with the non-euro zone belonging States – such as Poland and the UK – a growth of 9.3 percent

The demand from the monetary union put on 3.3 percent.. Deliveries to countries outside the European Union – that is about the world’s largest economy US and China – increased by only 2.0 percent

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The export association BGA expects exports up 4.5 percent for the 2016th Thus, German companies would gain world market share, the World Trade Organization expected but only an increase in global trade of 2.8 percent.

The German imports attracted in February also, reaching 0.4 percent the previous month , Exports exceeded imports Calendar and seasonally adjusted by 19.8 billion euros.

  Source: n-tv.de
 

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