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German industry output, exports fall in April

Reuters  |  BERLIN 

By Joseph NasrBERLIN (Reuters) - German industrial output and exports fell in April, data showed on Friday, adding to signs that Europe's largest economy started the second quarter on a weak footing.Data from the Economy Ministry showed output fell by 1.0 percent, well below a Reuters forecast for a rise of 0.3 percent. Separate data from the Federal Statistics Office showed exports fell by 0.3 percent in April while imports rose 2.2 percent.On Thursday, data showed industrial orders fell unexpectedly by 2.5 percent."The German economy will only make timid headway in the second quarter," VP ...

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First Published: Fri, June 08 2018. 13:02 IST