FOREX TradingCharts.com

Financial News: German Exports Rebound In January

German Exports Rebound In January

03/06/2024 - 02:17:00 (RTTNews)

(RTTNews) - Germany's exports rebounded at a faster-than-expected pace in January, data released by Destatis revealed on Wednesday.

Exports posted a monthly growth of 6.3 percent in January after falling 4.5 percent in the previous month. This was also far better than economists' forecast of 1.5 percent increase.

Imports advanced 3.6 percent on month, in contrast to the 6.7 percent decrease in December. Imports were expected to rise moderately by 1.8 percent.

Driven by the notable increase in exports, the trade surplus rose to EUR 27.5 billion from EUR 23.3 billion in December. The expected surplus was EUR 21.5 billion.

On a yearly basis, exports gained 1.5 percent after easing 9.1 percent a month ago. At the same time, the annual decrease in imports slowed to 7.5 percent from 15.2 percent in December.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2024 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Pending Home Sales Surge Much More Than Expected In March (27 min(s), 09 sec(s) ago)
(RTTNews) - Pending home sales in the U.S. surged by much more than expected in the month of March ...Full Story»

U.S. Economic Growth Slows Much More Than Expected In Q1 (41 min(s), 09 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Thursday showed the U.S. economy grew ...Full Story»

U.S. Weekly Jobless Claims Unexpectedly Dip To Two-Month Low (01 hr(s), 22 min(s), 09 sec(s) ago)
(RTTNews) - The Labor Department released a report on Thursday showing an unexpected decrease by f ...Full Story»

Turkey Central Bank Keeps Rate Unchanged (01 hr(s), 28 min(s), 09 sec(s) ago)
(RTTNews) - Turkey's central bank kept its key interest rate unchanged on Thursday but caution ...Full Story»

U.S. GDP Climbs Much Less Than Expected In Q1 (01 hr(s), 50 min(s), 09 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Thursday showed the U.S. economy grew ...Full Story»

German Consumer Sentiment To Hit 2-Year High In May (01 hr(s), 55 min(s), 09 sec(s) ago)
(RTTNews) - Germany's consumer confidence is set to rise again in May to hit a two-year high a ...Full Story»

U.S. Weekly Jobless Claims Unexpectedly Decrease (01 hr(s), 55 min(s), 09 sec(s) ago)
(RTTNews) - The Labor Department released a report on Thursday showing an unexpected decrease by f ...Full Story»

UK Retail Sales Decline Sharply In April- CBI (02 hr(s), 21 min(s), 09 sec(s) ago)
(RTTNews) - UK retailers reported a sharp decline in sales in April, the latest monthly Distributi ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Pending Home Sales Surge Much More Than Expected In March

04/25/2024 - 10:03 AM (RTTNews)
(RTTNews) - Pending home sales in the U.S. surged by much more than expected in the month of March ...Full Story>>

U.S. Economic Growth Slows Much More Than Expected In Q1

04/25/2024 - 09:49 AM (RTTNews)
(RTTNews) - A report released by the Commerce Department on Thursday showed the U.S. economy grew ...Full Story>>

U.S. Weekly Jobless Claims Unexpectedly Dip To Two-Month Low

04/25/2024 - 09:08 AM (RTTNews)
(RTTNews) - The Labor Department released a report on Thursday showing an unexpected decrease by f ...Full Story>>

Turkey Central Bank Keeps Rate Unchanged

04/25/2024 - 09:02 AM (RTTNews)
(RTTNews) - Turkey's central bank kept its key interest rate unchanged on Thursday but caution ...Full Story>>

U.S. GDP Climbs Much Less Than Expected In Q1

04/25/2024 - 08:40 AM (RTTNews)
(RTTNews) - A report released by the Commerce Department on Thursday showed the U.S. economy grew ...Full Story>>

Do not sell my personal information

Copyright © 2024. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.