German exports jump despite supply bottlenecks in industry

Indonesia Berita Berita

German exports jump despite supply bottlenecks in industry
Indonesia Berita Terbaru,Indonesia Berita utama

German exports rose more than expected in June despite persisting supply bottlenecks in manufacturing, data showed on Monday, suggesting a solid recovery in Europe's biggest economy.

Seasonally adjusted exports increased by 1.3% on the month after a slightly revised rise of 0.4% in May, the Federal Statistics Office said.

Imports edged up 0.6 % after a jump of 3.4% in the prior month. The trade surplus widened to 13.6 billion euros from a revised 12.8 billion euros in May. A Reuters poll had pointed to a 0.4% increase in exports and a 0.5% rise in imports, with a trade balance of 13.4 billion euros.Sign up for our newsletter

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Indonesia Berita Terbaru, Indonesia Berita utama



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