German exports hit new record high
Despite a slowdown in the global economy, German exporters have been able to ship more goods abroad than ever before. A brief December dent was not enough to spoil the party over record-breaking full-year trade figures.
German exports clocked up 1.196 trillion euros ($1.34 trillion) in 2015, the German statistics office Destatis announced Tuesday, adding the figure was based on preliminary calculations.
If confirmed, the export volume would mark a new all-time, full-year record, marking a 6.4-percent increase from a year earlier. Read More…