12847
German Exports Drop
World Economy

German Exports Drop

German exports in January fell by the largest amount since August, dropping far more than forecast, RTE News reported. The figures put a damper on expectations that Europe’s largest economy would expand robustly in the first quarter after a strong end to last year. Seasonally-adjusted exports decreased by 2.1% on the month after a downwardly revised 2.8% gain in December, data from the statistics office showed. Imports slipped by 0.3%, missing the Reuters consensus forecast for a 0.5% gain. The trade surplus for January narrowed to €19.7b ($21.4b) from a revised €21.6b in December.

 

Short URL : http://goo.gl/hdTRbH

You can also read ...

Close to 40% of digital transformation initiatives will be supported by AI capabilities.
The digital economy in Asia-Pacific, or APAC, is expected to...
An electronic stock indicator of a securities firm in Tokyo.
As investors come to terms with the impending end of easy...
Maersk is expanding its competitive universe to include different types of companies.
The world’s largest container company will start looking for...
Most economists would agree that Italy needs faster economic growth if it is to resolve its public debt  and banking-sector problems in an orderly manner.
Italy’s economy is growing again, but it’s still the worst...
More Scots Jobless
Scotland’s unemployment rate rose to 4.5% in the final three...
CBs May Top Inflation Targets
Not only will central banks meet their inflation targets, they...
Lloyds Profits Miss Forecasts
Lloyds Banking Group PLC raised its 2017 dividend by 20% and...
Pak Current Account Gap Widens
Pakistan’s current account deficit widened 28.74% on a month-...

Trending

Googleplus