German exports fell in April 2012 by 1.7 percent after taking into account working days and seasonal changes- Federal Statistics Office informed on Friday. The increase in March by 0.8 % was revised today. Analysts expected a drop in the meantime by 0.7 percent.
Imports in the fourth month of 2012 fell 4.8%, after an increase in March 0.9%. Here expectations said about 0.1% decline. Despite the decrease in volume, trade balance recorded surplus of EUR16.1 billion. Comparing with 2011 exports increased by 3.4% and imports decreased by 1.0%.
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