Economic Buzz: German Exports Up 0.9% On Month In December

9 Feb 2022 , 02:00 PM

Germanys exports up 0.9 percent month-on-month in December, data released by Destatis revealed on Wednesday. Although this was weaker than the 1.8 percent increase seen in November, the monthly growth confounded the expected fall of 0.2 percent. At the same time, growth in imports accelerated to 4.7 percent from 3.4 percent in the previous month. As imports growth exceeded the rise in exports, the trade surplus dropped to EUR 6.8 billion from EUR 10.8 billion in the previous month. On a yearly basis, exports and imports advanced 15.6 percent and 27.8 percent, respectively.

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