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German Exports Claw Back Ground in November

AP Photo/dapd/Philipp Guelland
In this March 22, 2010 file picture, containers wait in the harbor of Hamburg, Germany. Germany's Federal Statistical Office says exports rose strongly in November, partially offsetting a sharp drop the previous month, according to provisional figures. The agency said Monday Jan. 9, 2012 that exports rose 2.5 percent to 90.7 billion euro (US dlrs 115.88 billion) in November 2011 in adjusted terms, while imports dropped 0.4 percent to 75.7 billion euro. The rise comes after the office reported a revised 2.9 percent drop in exports to 88.5 billion euro in October. Compared to November 2010, exports were up 8.3 percent to 94.9 billion euro in November 2011 in unadjusted terms.
FRANKFURT, Germany (AP) — Germany's exports rose strongly in November, partially offsetting a sharp drop the previous month, according to provisional figures. But a dip in industrial production darkened the picture for Europe's biggest economy.

Germany's economic fortunes, as well as of those of the 17-nation eurozone, remain hugely dependent

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