Economic news

German Exports Rise more than Expected in April

June 7 (Reuters) - German exports rose by 1.6% in April compared with the previous month, the second straight month of gains, data from the federal statistics office showed on Friday.

The result compared with a forecast 1.1% increase in a Reuters poll.

The monthly gains were driven by exports to China, up 0.8% to 8.4 billion euros ($9.15 billion), and the United Kingdom, up 15.4% to 7.4 billion euros.

Imports gained 1.9% month-on-month. The statistics office publishes more detailed economic data on its website.

($1 = 0.9183 euros)

Reporting by Eva Orsolya Papp and Ludwig Burger, editing by Andrey Sychev

Source: Reuters


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