German exports rise unexpectedly in April on China reopening

News Snapshot:

BERLIN, June 5 (Reuters) - German exports rose unexpectedly in April, boosted by deliveries to China following its post-pandemic reopening, but analysts warned that the momentum could be short-lived. German exports increased by 1.2% on the previous month, the federal statistics office said. A Reuters poll had predicted a month-on-month decline of 2.5%. April's increase follows a revised 6.0% plunge in exports the previous month. "The increase is not nearly enough to make up for the sharp decline of the previous month," said Alexander Krueger, chief economist at Hauck Aufhaeuser Lampe bank. Exports to China were up 10.1%, while exports...