German Exports for March Beat Expectations

Germany had a good month as far as trade was concerned. According to data released by the Federal Statistics Office, seasonally adjusted exports rose by 1.5 percent in March and imports went up by 0.4 percent.

This also helped boost Germany’s trade surplus to 20 billion Euros, up from 18.7 billion Euros in February.

The figure beat expectations which were for a decline of 0.3 percent decline in exports and a 0.5 percent rise in imports for March, resulting in a trade surplus of 18.2 billion Euros.

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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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