German exports rise unexpectedly in August

German exports unexpectedly rose for a second month in August, indicating Europe’s largest economy is weathering the sovereign debt crisis.

8th October, 2012
German exports rise unexpectedly in August
German exports jump 2.4 per cent in August

German exports unexpectedly rose for a second month in August, indicating Europe’s largest economy is weathering the sovereign debt crisis.

Exports, adjusted for work days and seasonal changes, jumped 2.4 per cent from July, when they gained 0.4 per cent, the Federal Statistics Office in Wiesbaden said today. Economists forecast a 0.6 percent decline, according to the median of 14 estimates in a Bloomberg News survey. Imports rose 0.3 percent from July.

"The resilience of the German economy...

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