German industrial growth rate will reach 11% in 2011

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Abstract The German Industry Federation recently stated that the German industrial growth rate will reach 11% in 2011. In the first quarter alone, German exports of goods and services reached a record high of 258 billion euros, a 20% increase over the same period in 2010. Among them, mechanical manufacturing, automotive...

The German Industry Federation said recently that the German industrial growth rate will reach 11% in 2011. In the first quarter alone, German exports of goods and services reached a record high of 258 billion euros, a 20% increase over the same period in 2010. Among them, the growth rate of machinery manufacturing, automobile manufacturing, electronic technology and chemical industry reached 21.8%, 21.6%, 14% and 12.9% respectively. The agency also predicts that the market share of German companies will also increase in 2011.
 

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