Trade surplus and industrial output slip
AFP · 8 May 2015, 09:15
Published: 08 May 2015 09:15 GMT+02:00
- South Germany has lowest EU unemployment (22 Apr 15)
- Government optimistic on economic growth (22 Apr 15)
- Germany has second-highest surplus in EU (21 Apr 15)
The slight fall of 0.5 percent in production after seasonal adjustments was counter to analyst expectations, which had predicted a modest rise of 0.4 per cent, said financial data firm Factset.
The slide is mostly due to a dip in earnings from investment products (-1.4 percent), Destatis said.
While German exports did grow by 1.2 percent over the month to 98.9 billion euros ($11 billion), imports rose faster to 79.6 billion euros, it said.