Germany's industrial output and its trade surplus were both hit by surprise falls in March, according to provisional figures published Friday by the federal statistics office, Destatis.
The slight fall of 0.5 percent in production after seasonal adjustments was counter to analyst expectations, which had predicted a modest rise of 0.4 per cent, said financial data firm Factset.
The slide is mostly due to a dip in earnings from investment products (-1.4 percent), Destatis said.
While German exports did grow by 1.2 percent over the month to 98.9 billion euros ($11 billion), imports rose faster to 79.6 billion euros, it said.
Name (required) *
E-mail (required, but will not be published) *
Notify me of follow-up comments
Ben Stokes gave England a firm grip on the first Test with bat and ball before Shakib Al Hasan's 5-79 revived Bangladesh…
The facade of the world's tallest building, the Burj Khalifa in the Gulf emirate of Dubai, was lit up in pink Thursday…
The London Fashion Week (LFW) is one of the most sought out shows of the year. LFW is an annual fashion event…
Powered and Developed by FilmMatters
Copyright © 2016 Arabtoday