German exports rise at fastest pace in 5-months

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Data released by German Federal Statistics office today showed German exports bounced back, rising more than expected in February, and at a fastest rate in five months.

    Seasonally adjusted exports rose 1.3% on the month after falling two consecutive months. This was the strongest increase since September. Meanwhile, imports edged up 0.4%. Consequently, trade surplus rose to EUR 19.8 billion.

    Markets were expecting a 0.5% rise in exports and a 0.3% decline in imports.
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