German industrial production and exports rebounded in February boosting hopes about the outlook for the nation's growth rate after Europe's biggest economy turned in a weaker start to the year, German press agency (dpa) reported.
A weaker euro helped monthly exports to climb by a stronger-than-forecast 1.5 per cent in February after they contracted by 2.1 per cent in January, the statistics office (Destatis) said.
Imports rose by 1.8 per cent in February as a result cancelling out a 0.2-per-cent fall in January imports.
Analysts had expected exports to rise by 1 per cent and for imports to gain 1.2 per cent.
Output nudged higher by 0.2 per cent in February after sinking by 0.6 per cent in January, Destatis said.
Analysts had predicted a meagre 0.1-per-cent growth in industrial production in February.
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:59 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 16:57 2018 Wednesday ,31 October
Putin to discuss relations development prospectsGMT 16:04 2018 Monday ,29 October
Russian, Cuban presidents to discuss strategic partnershipGMT 12:57 2018 Saturday ,27 October
"Undeclared war" forces Russia to boost defense spendingGMT 15:45 2018 Friday ,26 October
Medvedev to represent Russia at upcoming APEC summitGMT 14:12 2018 Thursday ,25 October
Saudi Arabia plans to invest in Russian-Chinese Fund soonMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor