German sees exports up 11pc in 2011

BERLIN: German industry group BDI still believes exports in Europe's biggest economy will rise 11 percent this year although the pace of growth will ease in the second half, the association's managing director told a newspaper on Sunday.

"We confirm the forecasts we made in the spring despite the current situation on financial markets," BDI managing director Markus Kerber told Welt am Sonntag.

Growing uncertainty over the world economy will mean the momentum will ease in the second half, he said.

Copyright Reuters, 2011