Editions:  Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland
Advertisement

Trade surplus and industrial output slip

Share this article

Trade surplus and industrial output slip
Workers at a Bosch plant in Bavaria. Photo: DPA
09:15 CEST+02:00
Germany's industrial output and its trade surplus were both hit by surprise falls in March, according to provisional figures published on Friday by the federal statistics office, Destatis.

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.

rfo/fg/yad

Get notified about breaking news on The Local

Share this article

Become a Member or sign-in to leave a comment.
Advertisement

From our sponsors

Zagreb: Spend this summer in Croatia's vibrant capital city

Lush green parks throughout the city centre, imposing heritage buildings, real Central European cafe society and Mediterranean style hospitality. Welcome to Zagreb, Croatia's stunning capital!

Advertisement
Advertisement
Advertisement
Advertisement
Advertisement

Popular articles

Advertisement
Advertisement