German Exports Gained in June in Signal Economy Gathered Pace

German exports rose in June, adding to signs that the recovery in Europe’s largest economy is gaining traction.

Exports, adjusted for working days and seasonal changes, increased 0.6 percent from May, when they dropped a revised 2 percent that was less than originally estimated, the Federal Statistics Office in Wiesbaden said today. Economists predicted an increase of 0.9 percent, according to the median forecast of 13 economists in a Bloomberg News survey. Imports fell 0.8 percent.