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Economy And The Numbers

Germany Exports Rebound In February

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

German exports rebounded at a stronger-than-expected pace in February, data from Destatis showed on Monday.

Exports grew 6.4 percent on a monthly basis, reversing a 3.0 percent fall in January. Shipments were forecast to climb 1.5 percent.

Likewise, imports advanced 4.5 percent in February, in contrast to the 4.0 percent fall a month ago. Economists had expected a monthly growth of 1.4 percent.

As a result, the trade surplus rose to a seasonally adjusted EUR 11.5 billion from EUR 8.9 billion in January. This was also well above the economists' forecast of EUR 9.6 billion.

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