German exports rose by the most in 10 months, adding to fledging signs of recovery in the country’s battered industrial sector.
Shipments abroad climbed 1.4% in September, offsetting prior declines in the third quarter, the nation’s statistics office said on Friday. Economists had predicted a 0.5% gain and none anticipated such a large increase. Imports surged 3.1%, narrowing the trade surplus.
The report is the third in as many days signaling that manufacturing in Germany may be finding its feet. Factory orders and industrial production both improved in September — even as a recovery of the latter turned out more ...
