Economic Buzz: German Exports Climb For First Time In 4 Months In March

German exports climbed 1.7 percent on month in March, in contrast to a 3.1 percent fall in February, while imports continued to drop, figures from Destatis showed Tuesday. Exports increased for the first time in four months in March. Shipments were expected to grow 1.8 percent. This was the first increase since November 2017. Meanwhile, imports slid 0.9 percent after declining 1.4 percent a month ago. As a result, the trade surplus increased to a seasonally adjusted EUR 22 billion from EUR 19.4 billion in February. On a yearly basis, exports fell 1.8 percent, reversing a 2.4 percent rise a month ago. Similarly, imports decreased 2.3 percent after expanding 4.7 percent in February.