BERLIN Carlos Valderrama Colombia Jersey , March 9 (Xinhua) -- German surplus of foreign trade narrowed in January as exports dropped more than expected, official data showed on Monday.
In calendar and seasonally adjusted terms, trade surplus in Europe's biggest economy fell to 19.7 billion euros (about 21.4 billion U.S. dollars) in the first month of 2015 from 21.6 billion euros in December last year, German national statistical office Destatis said.
Exports dropped by 2.1 percent in January when compared with the previous month Carlos Sanchez Moreno Colombia Jersey , while imports declined by 0.3 percent month on month.
Economists had expected the exports to fall by 1.5 percent following a gain of 2.8 percent in December.
Year on year, German exports declined slightly by 0.6 percent in January, while imports reduced by 2.3 percent.
Destatis attributed the fall in exports to weak demands in Germany's euro zone partners where received 4.5 percent fewer goods from Germany than a year earlier.
Analysts, however Carlos Bacca Colombia Jersey , said despite the current fluctuation, foreign trade would ultimately rebound in the new year thanks to a weaker euro.
Recent economic indicators, including robust sentiment of consumers and business as well as increasing industrial output, also pointed to a recovery in the German economy.
Low energy prices Blank Colombia Jersey , stable labour market and the large scale fresh money stimulus from the European Central Bank were regarded as key factors supporting the revival. ( 1 euro = 1.09 U.S. dollars)
Former Florida Gov. Jeb Bush distanced himself from his family on Monday as he courted senior citizens in Nevada, the first stop in a national tour aimed at key states on the presidential primary calendar.
Taking questions in an early voting state for the first time this year, the leading Republican White House prospect declared that each of his family members is different and challenged a questioner who suggested otherwise. Bush is the son and brother of former presidents who were unpopular when they left office.
"Do you have brothers and sisters?" Bush asked his questioner at a gathering of roughly 300 senior citizens at a Las Vegas retirement community. "Are you exactly the same?"
The crowd applauded the answer.
Bush has not shied away from tough questions about his policies or family name as he ramps up for a formal 2016 presidential