German exports rise in January on robust U.S. demand


Source: reuters.com reuters.com

Key Topics in this News Article:

News Snapshot:

Summary Exports rose more than expected in January Trade "no longer strong growth driver" - analyst Trade balance showed surplus of 16.7 bln eur BERLIN, March 3 (Reuters) - German exports rose more than expected in January, increasing 2.1% on the month to bounce back from the prior month's slump thanks to strong demand from the United States and Britain, data showed on Friday. A Reuters poll had predicted a month-on-month rise of 1.5%. Despite the rebound, exports are still only back to the levels of April last year, ING's global head of macro Carsten Brzeski noted. "It looks as...