German foreign trade increases

German import and export expanded more than expected.

Germany’s imports increased by 14.8 percent from April to May, while exports grew by 9.2 percent. Thus, German trade surplus declined to 10.6 billion euros.
According to analysts; the reason for the strong growth of Europe's biggest economy is due to the strong Asian demand for German products, and the weakening euro. In light of the information, analysts have confirmed that, the economy may expand by 1 percent in the second quarter – reports Világgazdaság Online, after BBC News.