German firms continue to benefit from fast-growing economies, particularly China. In May, exports expanded a calendar and seasonally adjusted 4.3% over the previous month, contrasting a 5.6% contraction in April. The May reading exceeded market expectations that had exports growing a more moderate 1.5%. Imports expanded 3.7% over April on a calendar and seasonally adjusted basis, contrasting the 2.5% contraction registered in April. On an annual basis exports grew 19.9% in May, faster than the previous month's 13.4%. Imports, in contrast, slowed from a 20.1% expansion in April to a 15.6% rise in May. As a result, the trade surplus widened from EUR 10.8 billion in April to EUR 14.8 billion in May. Exports are experiencing a robust upswing, with the moving three-month sum in exports reaching EUR 275 billion, which exceeds April's EUR 266 billion and is well above the pre-crisis peak of EUR 257 billion observed in November 2007. The Federation of German Wholesale, Foreign Trade and Services (BGA, Bundesverband Gro
Germany Trade Balance
Exports rebound in May
July 8, 2011
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Germany Economic News
October 24, 2016
The Markit Flash Composite Purchasing Managers’ Index (PMI) rose from 52.8 in September to 55.1 in October.
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.