In September, exports expanded 0.9% over the previous month in seasonally adjusted terms, which was below the revised 3.2% increase tallied in August (initially reported: +3.5% month-on-month), but surprised private sector analysts on the upside, as they had expected exports to drop 0.8%. On the other hand, imports fell 0.8% in September, well below the 0.1% drop recorded in August. Compared to the same month last year, exports grew 10.5% in September, slower than the 14.6% expansion observed in August. Moreover, imports slowed from a 13.2% increase in August to an 11.6% expansion in September. As a result, the trade surplus widened from EUR 11.8 billion in August to EUR 17.4 billion in September. The Federation of German Wholesale, Foreign Trade and Services (BGA, Bundesverband Gro
Germany Trade Balance
Exports defy expectations and rise in September
November 8, 2011
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Germany Economic News
October 10, 2016
The seasonally- and calendar-adjusted trade surplus increased from EUR 19.4 billion in July to EUR 22.2 billion in August, driven up by recovering exports.
October 7, 2016
In August, industrial production rose 2.5% from the previous month in seasonally-adjusted terms, in contrast to July’s large 1.6% drop, which had been the lowest reading in nearly two years.
September 29, 2016
Consumer prices in September rose 0.1% in a month-on-month comparison, according to preliminary data released by the Federal Statistics Office (Destatis) on 29 September.
September 28, 2016
Heading into October, the mood among German consumers weakened slightly but still stayed at a high level.
September 26, 2016
German businesses turned much more optimistic in September.