German exports drop on Euro Zone crisis - News - Dukascopy Bank

Wed, 08 Feb 2012 13:17:00 GMT
Source: Bloomberg
 
© Scanpix/AFP
German exports declined more rapidly than economists predicted in December as debt crisis harmed the export demand across the troubled region. Exports lost 4.3% compared to November when they added 2.6%. In contrast, analysts predicted only a 1% decline in European biggest economy's exports. Nevertheless economists suggest the German exports may gain momentum in 2012 as business confidence surged in January.

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