Posted by: transdomo | December 28, 2009

German consumer prices fell in 11/09

German consumer prices fell by 0.1% in November 2009 from the previous month, but were 0.4% higher than 2008. This is the first time since June 2009 that Germany has reported positive inflation.

Germany’s exports were 2.5% higher in October 2009 than a month earlier. A 2.4% decline in imports meant that the country’s trade surplus rose to
€ 13.6 billion ($20.1 billion). But factory orders fell by 2.1% in October ’09 and were 8.5% lower than a year earlier.
The Economist

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