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Trade Performance and Related Developments
Prospects for Export Growth
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1/2 percent actual export performance affect competitiveness average for competitor based on unit Bundesbank business sector calculations categories of manufactured classified chiefly commodity composition effect competitiveness problem competitiveness residual competitiveness suggested competitor countries constant market share costs in manufacturing decomposition deterioration in competitiveness Deutsche Bundesbank deutsche mark effective exchange rate exchange rate indices export growth export unit values external competitive position German competitiveness German exports Germany's external competitiveness growth in exports H H H important increase indicators based internal real exchange loss of competitiveness machinery and transportation manufactured goods classified market distribution effect market growth effect market share analysis Negative competitiveness effects observed change overall particularly period positive competitiveness effects price of nontradables producing manufactured real exchange rate relative export relative price relative unit labor restructuring efforts significant squeeze on profits tn CM tradable goods sector transportation equipment sector unification unit labor costs wage ZZ ZZ ZZ