BERLIN, May 15 (Reuters) - German engineering exports
saw a strong start to the year as supply chain woes ease, the
VDMA industry body said on Monday.
Machinery exports rose 13.8% in nominal terms in the first
quarter of 2023 year on year, the VDMA said, citing preliminary
data from the federal statistics office. In price-adjusted
terms, the increase was 4.4%.
"Machinery and plant manufacturers can finally supply many
of their customers and are reducing their high order backlogs,"
VDMA chief economist Ralph Wiechers said in a statement.
(Writing by Rachel More; editing by Matthias Williams)
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