German exports 0.6 pct higher than previous month

German exports rise 0.6 percent in June compared with previous month

Associated Press

BERLIN (AP) -- German exports rose 0.6 percent in June compared with the previous month, a figure that follows promising data on industrial production in Europe's biggest economy.

The increase announced Thursday by the Federal Statistical Office is another sign that Germany's economy is picking up steam.

In year-on-year terms, exports were down 2.1 percent in June at 92.8 billion euros ($123 billion).

The German economy is in better shape than many others in the 17-nation area that uses euro as its currency, and has weathered Europe's economic turmoil relatively well thanks to robust exports to developing countries and low unemployment.

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