EUR German Exports s.a. (MoM) (OCT) -1.1 %

Discussion in 'Economics' started by ASusilovic, Dec 8, 2010.

  1. Dec. 8 (Bloomberg) -- German exports unexpectedly dropped in October as Europe’s sovereign debt crisis and a cooling global economy curbed demand.

    Sales abroad, adjusted for working days and seasonal changes, fell 1.1 percent from September, when they rose 3 percent, the Federal Statistics Office in Wiesbaden said today. Economists had forecast stagnation in October, according to the median of 14 estimates in a Bloomberg News survey. Imports rose 0.3 percent.