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.