German exports unexpectedly fall in November

BERLIN, Jan 5 (Reuters) – German exports unexpectedly fell in November as high inflation and market uncertainty continue to weigh on Europe’s largest economy despite fading supply chain problems.

Exports fell by 0.3% on the month, data from the federal statistics office showed on Thursday.

Analysts polled by Reuters predicted 0.2% growth.

Imports also fell a more-than-expected 3.3%. Imports had been forecast to drop 0.5%.

The statistics office publishes a detailed table with more economic data.

Reporting by Miranda Murray and Rachel More

Our Standards: The Thomson Reuters Trust Principles.

source: reuters.com