German exports show unexpected surge

German exports showed an unexpectedly large 7% surge in June 2009, raising hopes of an early end to the recession in Europe’s largest economy.

The news announced on the 7 August 2009 came a day after the German economics ministry had reported industrial orders leapt by 4.5% in June 2009, extending a 4.4 per cent rise in the previous month. Export orders largely powered the rise.

ESO: Background information: Berlin’s export-led tactics dubbed ‘dangerous’ http://www.europeansources.info/record/berlins-export-led-tactics-dubbed-dangerous/

ESO: Background information: Export figures fuel Berlin growth talk http://www.europeansources.info/record/export-figures-fuel-berlin-growth-talk/

ESO: Background information: Fall in exports hits German hopes of recovery http://www.europeansources.info/record/fall-in-exports-hits-german-hopes-of-recovery/

Germany: Federal Statistical Office http://www.destatis.de/jetspeed/portal/cms

BBC News, 7.8.09: German export surge ignites hope http://news.bbc.co.uk/1/hi/business/8189173.stm

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