Arab Today, arab today german trade slumps in april
Last Updated : GMT 21:50:13
Arab Today, arab today
Arab Today, arab today

German trade slumps in April

Arab Today, arab today

Arab Today, arab today German trade slumps in April

Frankfurt - AFP

Trade between Germany and the rest of the world slumped in April, official data showed on Wednesday, underpinning forecasts for a slowdown in global activity in the middle part of the year. German exports fell by 5.5 percent from the previous month while imports declined by 2.5 percent, the national statistics office said in a statement. Germany, the world\'s second largest exporter after China, posted a seasonal and calendar-corrected trade surplus of 12 billion euros ($17.6 billion). The total value of exports came to 85.9 billion euros, the corrected figures showed, while the country imported goods worth 73.9 billion euros. Figures provided by the German central bank that give a broader picture of trade showed a current account surplus of 8.8 billion euros in April, down sharply from 12 billion in the same month a year earlier. After enjoying a very strong first quarter, the German economy, Europe\'s biggest, is forecast to slow a bit in coming months but still post a strong annual growth rate of around 3.0 percent according to private economists. Falling unemployment should lead to stronger domestic consumption, a pillar of growth that has been less reliable than exports in the past. A breakdown of the figures released on Wednesday showed that the biggest annual increase in both exports and imports by Germany was to countries outside the European Union, with gains of 18.6 percent and 28.2 percent, respectively.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today german trade slumps in april Arab Today, arab today german trade slumps in april

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today german trade slumps in april Arab Today, arab today german trade slumps in april

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday