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German exports and output stage surprise rises in April
Published in Saudi Press Agency on 08 - 06 - 2015

German exports rose by 1.9 per cent month on month in
April, federal statisticians said Monday, according to dpa.
The country's overall business production also rose, by 0.9 per cent,
provisional new data from the Federal Statistics Office showed.
Germany exported goods with a value of 100.4 billion euros (111.5
billion dollars), whereas its imports cost 78.3 billion euros in
April. The imports were down by 1.3 per cent. That gave the Germans a
foreign trade surplus of 22.1 billion euros.
Germany's export industries have suffered a spell of poor growth in
recent months, but the new data, along with robust order data
announced last week, indicates a recovery, helped by the current weak
euro exchange rate and cheap world oil prices.
The statisticians also revised their calculation of the decline in
production for March, posting a minus of 0.4 per cent rather than
0.5.
In the detail, the data showed factories staged an output increase of
0.7 per cent in April, but the overall production figure was lifted
higher by a surge in construction, up 1.3 per cent month on month.


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