German exports unexpectedly fall while industrial production rises

By Maria Martinez

Sept 8 (Reuters) - German exports unexpectedly fell in July while industrial output rose, data showed on Monday.

German exports fell by 0.6% in July compared with the previous month, according to data from the federal statistics office. The result compared with a 0.1% increase forecast in a Reuters poll.

Imports dropped 0.1% compared with June.

The foreign trade balance showed a surplus of 14.7 billion euros ($17.23 billion) in July, down from 15.4 billion euros in June and 17.7 billion euros in July of 2024.

German industrial production rose by 1.3% in July compared to the previous month, while analysts polled by Reuters had predicted a 1.0% rise.

($1 = 0.8534 euros)