German exports plunged 20.7% in year to January - Ex-EU exports fell 24.5%; Annual inflation rose 1% in February
Mar 10th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Destatis, the German statistics office, today reported that Germany exported commodities to the value of €66.6 billion and imported commodities to the value of €58.1 billion in January 2009. German exports of January 2009 were 20.7% and imports 12.9% below the respective January 2008 levels. Seasonally adjusted exports decreased by 4.4% and imports by 0.8% on December 2008. Ex-EU exports fell 24.5%.