Germany’s exports up
Wednesday, 10 January 2018
BERLIN, Jan 9 (Reuters): Germany's industrial production and its exports rose more than expected in November, pointing to continued rising growth in Europe's largest economy in 2018.
Industrial output jumped by 3.4 per cent on the month, the strongest increase since September 2009, data from the Federal Statistics Office showed on Tuesday, overshooting a 1.8 per cent forecast in a Reuters poll.
November seasonally adjusted exports rose by 4.1 per cent on the month and domestic demand pushed up imports by 2.3 per cent.
Both figures beat Reuters forecasts and widened the trade surplus to 22.3 billion euros ($26.61 billion) from 19.9 billion euros in October.