[18px]

German exports rise in August, defying expectations of decline

BERLIN (Reuters) -German exports rose in August due to strong demand from the United States, official data showed on Wednesday.

Exports rose by 1.3% in August compared with the previous month, data from the federal statistics office showed.

The result compared with a forecast 1.0% decrease in a Reuters poll.

The foreign trade surplus broadened to 22.5 billion euros ($24.69 billion) from 16.9 billion euros in July.

This post appeared first on investing.com