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German exports rose unexpectedly in October by 1.2%

Décembre, 09 2019

According to the Federal Statistical Office data, exports from Germany rose in October by 1.2% compared to September. Import figures have not changed. Analysts polled by The Wall Street Journal predicted a 0.3% decrease in exports.

In particular, German exports in October amounted to 119.5 billion euros, imports – 98 billion euros. Export to the EU countries amounted to 70 billion euros, to other countries – 49.5 billion euros.

At the same time, October data reflected a decrease in industrial production and the number of orders in the manufacturing industry in Germany, which signals a decline in the country's industrial sector.

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German exports rose unexpectedly in October by 1.2%

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