In February, exports rose a seasonally and calendar adjusted 2.7% over the previous month. The reading contrasted the 1.0% drop registered in January and overshot market expectations, which had seen exports rising 2.0%. The February result represented the fastest growth rate in five months. Meanwhile, imports accelerated from a 2.3% increase in January to a 3.7% expansion in February, suggesting that domestic demand is powering ahead. On an annual basis, exports grew 21.0% in February (January: +24.2% year-on-year) and imports expanded 27.0% (January: +24.1% yoy), driving the trade balance surplus to EUR 12.1 billion, up from the EUR 10.1 billion surplus observed in January. In spite of the ongoing recovery, exports still remain below pre-crisis levels, with the moving 3-month sum in exports rising to EUR 244 billion in February, which remains below the EUR 257 billion witnessed in November 2007, but is well above the EUR 129 billion trough observed in June 2009. Export growth is likely to follow the positive trend in place, despite the debt crisis continuing to affect certain Eurozone countries. The Federation of German Wholesale, Foreign Trade and Services (BGA, Bundesverband Gro
Germany Trade Balance
Exports expand more than expected
April 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.