German exports rose in October by 1.2%

According to the Federal Statistical Office data, exports from Germany rose in October by 1.2% compared to September. Import figures have not changed. Analysts polled by The Wall Street Journal predicted a 0.3% decrease in exports.

In particular, German exports  in October amounted to 119.5 billion euros, imports – 98 billion euros. Export to the EU countries amounted to 70 billion euros, to other countries – 49.5 billion euros.

At the same time, October data  reflected a decrease in industrial production and the number of orders in the manufacturing industry in Germany, which signals a decline in the country's industrial sector.