Germany exported 2.3 percent more than a month earlier in September, reports the German Federal Statistical Office. This increase is stronger than the 2% increase expected by economists in general. Exports of Europe’s largest economy have been rising since June after the sharp contraction in April and March, caused by the worldwide outbreak of the coronavirus. The rate of recovery was, however, lower in September than in August, when exports increased by a revised 2.9% on a monthly basis. German imports fell by 0.1% in September compared to August. The shrinkage is unexpected. Economists, on average, were counting on a plus of 1.5 percent.
