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 ...

Shifting transactions from cash to digital payments holds great promise for  individuals, businesses and governments.
More than 23% of the world's economy operates out of sight of...
Federal Reserve Board Chairman Jerome Powell speaks during a hearing before the Senate Banking, Housing and Urban Affairs Committee.
US Federal Reserve Chairman Jerome Powell said protectionism...
India Launches 888 Anti-Dumping Probes
The Indian government has initiated as many as 214 anti-...
Fitch Retains Philippine  Debt Rating
Global debt watcher Fitch Ratings kept the Philippines’...
The warnings come amid a period of financial uncertainty for the world.
US officials who helped the country survive the 2008 financial...
EU to Fine Google $5 Billion
Google will be fined about €4.3 billion ($5 billion) by the...
Africa Next Frontier for Crypto
Cryptocurrency is not bound by geography because it is...
UN to Help Rebuild Gaza Economy, Create Jobs
Against the backdrop of rapidly rising tension, violence,...

Trending

Googleplus