Daily Digit: Germany's Unexpected Import Slump


3.8 percent is today's daily digit in Europe - the amount German imports fell by in February - undercutting the lowest estimates, and falling for the third time in four months. Exports - expected to remain unchanged - also dropped - by 1.5 percent. It's a sign the euro zone's largest economy can't be relied on to lift the bloc out of recession, with weakness in key European partners affecting demand for goods. Germany sends nearly half of its shipments to European neighbours.