German exports surge to record

Author (Person)
Series Title
Series Details 10.5.11
Publication Date 10/05/2011
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German exports surged above their pre-crisis (2008) level to set a record after rising more than 7% in March 2011, according to official figures.

The rapid pace of export growth highlighted the strength of Europe’s largest economy at the start of 2011. Data to be published later in May 2011 would show German gross domestic product grew by 1% or more in the first quarter of 2011 compared with the previous three months, economists said.

In turn, Germany’s growth spurt would help boost the overall eurozone performance – but not mask the weak performance of countries such as Spain, Greece, Portugal and Ireland.

Related Links
Deutsche Welle, 9.5.11: German imports and exports hit record levels http://www.dw-world.de/dw/article/0,,15060887,00.html
BBC News, 9.5.11: German exports rise to all-time high http://www.bbc.co.uk/news/business-13330882

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