BREAKING NEWS

BREAKING NEWS

Brexit fears contribute to rise in German engineering exports to UK - VDMA

Brexit fears contribute to rise in German engineering exports to UK - VDMA
FILE PHOTO: British and EU flags flutter outside the Houses of Parliament in London, Britain January 30, 2019. REUTERS/Toby Melville/File Photo -
@ Copyright :
Toby Melville(Reuters)
Text size Aa Aa

BERLIN (Reuters) - German engineering exports to Britain rose by 5.1 percent year-on-year in 2018, industry association VDMA said on Monday, adding that British companies stocked up inventories or expedited orders in anticipation of Brexit.

Germany's engineering industry increased its total exports by 5.3 percent to 177.8 billion euros (£155.81 billion) last year, VDMA added in a statement.

(Reporting by Thomas Seythal; editing by Joseph Nasr)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.