Flat German net trade contributes to fourth-quarter stagnation: stats office

FAN Editor
People enjoy the sunset in front of a container ship at the Elbe river in Hamburg
People enjoy the sunset in front of a container ship at the Elbe river in Hamburg Germany March 20, 2018. REUTERS/Fabian Bimmer

February 22, 2019

BERLIN (Reuters) – German exports rose by as much as imports in the fourth quarter, data showed on Friday, contributing to an economic stagnation in Europe’s largest economy.

The Federal Statistics Office said that both exports and imports rose by 0.7 percent on the quarter, resulting in net trade making no contribution to growth.

(Reporting by Joseph Nasr; editing by Thomas Seythal)

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