Germany: Merchandise trade surplus narrows in August
Latest reading: In August, the trade balance was USD +12.8 billion, following a USD +17.1 billion reading in the previous month. Over the last 12 months, the trade balance summed to USD +204.0 billion.
Exports dropped 0.5% in seasonally adjusted month-on-month terms in August, following a 0.2% drop in the prior month. Imports dropped 1.3% in seasonally adjusted month-on-month terms in August, following a 0.7% fall in the prior month.