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German exports rise again in April
German exports rise again in April

German exports rise again in April

German exports ticked up in April, official data showed on Wednesday, rising for the 12th consecutive month as Europe’s top economy recovers from the coronavirus pandemic. Demand for “made in Germany” goods climbed 0.3 per cent month-on-month in seasonally adjusted figures, federal statistics office Destatis said. Compared with February 2020, the month

German industrial output dips on supply chain upsets

German industrial output dips on supply chain upsets

German industrial production dipped more than expected in April, official data showed yesterday, as manufacturers grappled with semiconductor and timber shortages. Federal statistics agency Destatis said industrial output fell one percent month-on-month in Europe’s top economy, according to figures adjusted for seasonal swings. Analysts surveyed by

Supply disruptions cause dip in German industrial orders in April

Supply disruptions cause dip in German industrial orders in April

Reading Time: 2 minutes German industrial orders dropped unexpectedly in April on falling domestic demand, data showed on Monday, as supply chain disruptions held back manufacturers in Europe’s largest economy. The Federal Statistics Offices said orders for industrial goods fell by 0.2% in seasonally adjusted terms, the first drop this year after three