KUKE: Exports soar in March

Euro-denominated exports in March increased by 12.6 percent y/y to €17.43 billion, the Export Credit Insurance Corporation (KUKE). Compared to February, the value of exported goods and services increased by 15.9 percent. For Q2, KUKE forecasts a 6.8 percent increase in euro-denominated exports. KUKE forecasts an 8 percent increase in euro-denominated exports and 9.3 percent increase in 2018.