Euro-Area Exports Increase for Third Month on Germany: Economy
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Euro-area exports increased for a third month in March as the currency bloc’s four largest economies all shipped more goods, adding to signs the region is beginning to emerge from a record-long recession.
Exports rose a seasonally adjusted 2.8 percent from February, when they increased 0.2 percent, the European Union’s statistics office in Luxembourg said today. Imports decreased 1 percent after a 2.2 percent drop a month earlier. The trade surplus widened more than economists estimated to 18.7 billion euros ($24.1 billion) from 12.7 billion euros.