Robust German exports have helped calm fears that the economic recovery in Europe’s largest economy is losing momentum.
Exports rose by 2.5 per cent in October, extending a 3.6 per cent rise in the previous month, according to official statistics that suggested the Germany’s economy had started the fourth quarter on a positive note. The data came as a relief after news earlier this week that industrial orders and production had fallen in October – which had led to worries that the pace of growth might have slowed.
