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Germany's trade jumps in Feb, Ukraine war tremors to be felt in March

Imports increased 4.5% on the month, compared with an average forecast for a 1.4% increase

Germany
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Reuters Berlin
German exports and imports jumped more than expected in February, the Federal Statistics Office said on Monday, with the effects of the war in Ukraine yet to be reflected in foreign trade figures.

Seasonally adjusted exports rose 6.4% on the month, compared with a rise of 1.5% predicted by economists.

Imports increased 4.5% on the month, compared with an average forecast for a 1.4% increase.

However, trade with Russia, which was restricted in late February, went against the trend, with exports falling 6.3% and imports falling 7.3% from the previous month.

It won't be until March that "foreign trade figures

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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