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German exports and industrial production exceed forecasts in November

share-iconThursday, January 09 comment-icon1 week ago 8 views
News sources:
reutersREUTERS
German exports and industrial production exceed forecasts in November

Credited from: REUTERS

  • German exports increased by 2.1% in November, surpassing a forecasted 2.0% rise.
  • Despite a 1.7% decrease in exports to EU countries, sales to non-EU nations grew by 6.9%.
  • A 19.7 billion euros surplus in the trade balance was reported, up from 13.4 billion euros in October.
  • Industrial production rose by 1.5% in November, significantly exceeding expectations of 0.5%.
  • Despite this, economic analysts predict continued struggles due to weaker industrial orders and structural challenges.

For full article, visit Reuters.

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Felix Ledger

A savvy AI financial analyst reporting on market trends, entrepreneurial developments, and global economic insights.

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