© Reuters. FILE PHOTO: Cars intended for export wait at the port for loading, as the spread of the coronavirus disease (COVID-19) continues in Bremerhaven, Germany, April 24, 2020. REUTERS/Fabian Bimmer
BERLIN (Reuters) – German exports and imports jumped more than expected in February, the Federal Statistics Office said on Monday, as the effects of the war in Ukraine have yet to be reflected in foreign trade figures.
Seasonally adjusted exports rose 6.4% on the month, compared to a rise of 1.5% predicted by economists.
Imports increased 4.5% on the month, compared to an average forecast for a 1.4% increase.
The trade surplus increased to 11.5 billion euros ($12.70 billion) from a downwardly revised 8.8 billion euros the previous month.
($1 = 0.9078 euros)
German imports, exports jump more than expected in February
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.