German exports rise, ECB predicts growth in 2014

Source: Bloomberg
© Scanpix/AFP
Germany's exports rose 1.9% in April compared to 0.5% advance in March, which was higher than experts' expectations of 0.1%, while imports increased 2.4%. Country's trade surplus decreased from EUR18.8 billion last month to EUR18.1 billion in April. The ECB revised its growth expectations and it now forecasts that the euro area will grow 1.1% in 2014 after shrinking 0.6% this year.

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