German exp/imp rises – Market leaders on alert

Capt. John

German exports took a surprising month-on-month jump in October, but that was offset by an even bigger rise in imports, resulting in a fall in the European economic powerhouse’s trade surplus.

According to figures released by Destatis, Germany’s national statistics office, exports rose by 0.7 percent in October from the previous month to €117.2 billion ($133.5 billion) while imports rose at an even quicker pace, up 1.3 percent to €98.9 billion.

Both figures were significantly up from those of a...

http://container-news.com/german-exp-imp-rises-market-leaders-alert/

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