{"id":73517,"date":"2022-10-05T14:00:06","date_gmt":"2022-10-05T10:00:06","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=73517"},"modified":"2022-10-05T14:00:08","modified_gmt":"2022-10-05T10:00:08","slug":"german-exports-grow-more-than-expected-despite-the-global-economic-slowdown","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/german-exports-grow-more-than-expected-despite-the-global-economic-slowdown\/10\/05\/market-updates\/","title":{"rendered":"German exports grow more than expected despite the global economic slowdown"},"content":{"rendered":"\n<p>Germany&#8217;s exports grew slightly more than expected in August, the German Federal Statistics Office said on Wednesday, despite a slowing global economy, rising interest rates and a shortage of materials.<\/p>\n\n\n\n<p>Strong demand from the United States and China boosted German exports to 133.1 billion euros ($132.59 billion) in August, up 1.6 percent from the previous month.<\/p>\n\n\n\n<p>Imports also increased more than expected, rising 3.4 percent to 131.9 billion euros, continuing growth for the seventh consecutive month.<\/p>\n\n\n\n<p>A Reuters poll expected exports and imports to increase by 1.1 percent every month.<\/p>\n\n\n\n<p>Analysts welcomed the August figures, but cautioned that exports could become a drag on growth amid the bleak economic outlook.<\/p>\n\n\n\n<p>The statistics office said Germany&#8217;s seasonally adjusted trade surplus fell short of expectations in August, at 1.2 billion euros, versus analysts&#8217; expectations of 4 billion euros.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Germany&#8217;s exports grew slightly more than expected in August, the German Federal Statistics Office said on Wednesday, despite a slowing global economy, rising interest rates and a shortage of materials. Strong demand from the United States and China boosted German exports to 133.1 billion euros ($132.59 billion) in August, up 1.6 percent from the previous &hellip;<\/p>\n","protected":false},"author":9,"featured_media":34708,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6839,7215,6987],"class_list":["post-73517","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-germany","tag-hicp","tag-inflation"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/73517","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=73517"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/73517\/revisions"}],"predecessor-version":[{"id":73518,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/73517\/revisions\/73518"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/34708"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=73517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=73517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=73517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}