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Germany's exports up 7.3% in March
[Iran Press TV] The export volume of Germany, the world's second-biggest exporter after China, has shown a 7.3 percent increase in March the highest monthly number since 1950.Y'know, I'll bet if we made stuff we could export it, too... Europe's economic powerhouse drove its trade surplus up to 15.2 billion euros (USD 22 billion) in March, official data showed on Monday. The calendar and seasonally adjusted trade surplus had come to 11.2 billion euros in February, according to figures published by the national statistics office, Destatis. Germany exported goods worth a nominal 98.3 billion euros in March while taking in imports worth 79.4 billion euros, the data showed. "That was the highest monthly figure recorded for both exports and imports since the collection of foreign trade statistics had started in the Federal Republic of Germany in 1950," a Destatis statement said. On a monthly basis, exports were 7.3 percent stronger and imports were up by 3.1 percent. "The 'made in Germany' brand is extremely popular abroad," Economy Minister Rainer Bruederle was quoted as saying by AFP. On an annualized basis, the value of goods shipped abroad by Germany gained 15.8 percent in March, while imports were 16.9 percent higher, Destatis said. The German government now expects the economy to expand by 2.6 percent in 2011, and by 1.8 percent next year. Posted by: Fred 2011-05-10 |
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