German Industrial Output and Exports Rise in April
German industrial production increased by 0.4% in April while exports unexpectedly rose by 0.9% against analyst forecasts. These figures provide a positive signal for Europe's largest economy as the trade surplus reached 14.5 billion euros.
Germany industrial production rose 0.4% in April, while exports grew 0.9% to signal a potential second-quarter recovery. The export gain beat Reuters poll expectations for a 0.5% decline. Stabilizing manufacturing and trade data suggest Europe's largest economy is finding a floor after a weak start to the year.
### Manufacturing Gains Momentum Federal statistics office data released Tuesday morning showed the 0.4% production increase followed a revised 0.1% dip in March. The less volatile three-month comparison through April showed production was 0.5% lower than the previous three months.
