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BDI Foreign Economic Report 3|2010

BDI considers eight percent export growth likely in 2010

Made in Germany Made in Germany © fotolia/Bertold Werkmann
06/20/2010

BDI considers eight percent export growth likely in 2010. The German export engine is working again.

BDI considers eight percent export growth likely in 2010. The German export engine is working again. Business is now calling on the G8and G20 states to resolutely address the issues of financial market regulation anddistortions of competition at their forthcoming summit in Canada«In the last three quarters, exports increased by an average rate of 4.5% on a quarter-by-quarter basis. Despite this growth, first quarter exports are still 12% below pre-crisislevels.