By Joshua Kirby
Germany's trade in goods rebounded a little more than expected in March as both exports and imports increased, suggesting renewed demand both at home and abroad.
The eurozone's largest economy booked an adjusted trade surplus--representing the difference between exports and imports of goods--of 22.3 billion euros ($24.01 billion,) slightly more than forecast by economists, according to a poll by The Wall Street Journal.
Export growth outstripped imports to Germany over the month, according to the figures set out by the country's statistics agency. Germany's largest market for goods, the U.S., recorded another increase, buoyed by a still-energetic economy. German exports to China also rose, helping reverse some of the previous month's decline.
Faster exports growth aided a recovery after Germany's surplus shrank in February, though the balance remains below the high reached at the beginning of the year.
Write to Joshua Kirby at joshua.kirby@wsj.com; @joshualeokirby
(END) Dow Jones Newswires
05-07-24 0229ET
