Weaker euro lifts exports in Germany

Germany's federal statistics office has released data indicating the country's economy is dragging itself out of last autumn's virtual standstill, with record underlying exports reported for December amid a widening trade surplus. Seasonally adjusted exports rose by 3.4% on the month, while imports dropped by 0.8%. Germany's GDP growth rate for the final quarter is scheduled to be released on Friday and is forecast to show 0.3% month-on-month growth and a rise of 1% on the year.


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