German exports increased slightly in March compared to February, official data showed on Friday. Upon calendar and seasonal adjustment, German exports in March increased by 0.5 percent compared with the previous month, when exports decreased by 1.2 percent. During the same period, imports rose by 0.8 percent, the German Federal Statistical Office (Destatis) said. In March 2013, Germany exported commodities worth 91.4 billion euros (119 billion U.S. dollars), and imported goods worth 73.8 billion euros, resulting in a foreign trade surplus of 17.6 billion euros. On Friday, the Wiesbaden-based Destatis said the manufacturing sector saw its turnover rise in real terms 1.7 percent in March compared with February on the basis of provisional data. This follows a month-on-month increase of 0.2 percent in February. In March, domestic turnover increased by 1.8 percent, business with foreign customers rose 1.7 percent, among which sales to countries out of eurozone went up by 3.1 percent. Sales to the common currency area, however, were 0.2 percent below the preceding month\'s level. The German economy is expected to recover from its contraction at the end of last year when GDP declined by 0.6 percent. According to official forecasts, German GDP is to grow by 0.5 percent in 2013 and by 1.6 percent in 2014, with domestic demand, instead of exports, as the main growth engine.
GMT 09:54 2018 Tuesday ,23 January
Davos-bound bosses very upbeat on world economyGMT 09:37 2018 Tuesday ,23 January
Former KPMG executives charged in accounting oversight scamGMT 22:49 2018 Sunday ,21 January
Brexit special trade agreement possibleGMT 22:46 2018 Saturday ,20 January
China economy rebounds in 2017 with 6.9% growthGMT 22:37 2018 Saturday ,20 January
GE takes one-off hit of $6.2 bn linked to insurance activitiesGMT 19:58 2018 Saturday ,20 January
Watchmakers hope to make Chinese market tickGMT 19:54 2018 Saturday ,20 January
US shutdown unlikely to harm debt rating: FitchGMT 19:50 2018 Saturday ,20 January
EU's Moscovici slams Ireland, Netherlands as tax 'black holes'

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor