Trade Balance in Germany
Germany - Trade Balance (Euros)
Export growth comes in flat in January
Month-on-month export growth was flat in January, contrasting December’s revised 1.6% increase (previously reported: +1.5% month-on-month). Import growth, meanwhile, accelerated from a revised 0.7% (previously reported: +1.2% mom) in December to 1.5% in January. As a result, the trade surplus narrowed from EUR 19.9 billion in December to EUR 18.5 billion in January.
Compared to the same month a year prior, export growth swung from a marked 4.4% drop in December (previously reported: +4.5% year-on-year) to a 1.7% expansion in January. The 12-month moving sum of exports nonetheless eased from 3.0% in December to 2.5% in January. Year-on-year import growth rebounded from a 0.4% drop in December to a 5.0% increase in January; however, the 12-month moving sum of imports softened slightly to 5.5% in January from 5.7% in December. In addition, the 12-month moving sum of the trade balance narrowed from EUR 230.9 billion in December to EUR 228.5 billion in January.
Germany - Trade Balance (EUR) Data
|Trade Balance (EUR billion)||200||216||243||246||246|
5 years of economic forecasts for more than 30 economic indicators.
Germany Trade Balance (EUR) Chart
Source: German Central Bank.
|Bond Yield||0.08||0.41 %||Mar 20|
|Exchange Rate||1.14||0.65 %||Mar 20|
|Stock Market||11,604||-0.41 %||Mar 20|
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March 22, 2019
After back-to-back upticks in the composite Purchasing Managers’ Index (PMI), the headline figure dropped from 52.8 in February to 51.5 in March.
March 14, 2019
In February, harmonized consumer prices in Germany rose 0.5% over the previous month.
March 11, 2019
Data on the industrial sector in Germany disappointed again with production dropping 0.8% month-on-month in January, swinging from December’s revised 0.8% expansion (previously reported: +0.4% month-on-month) and contrasting market expectations of a 0.5% increase.
March 11, 2019
Month-on-month export growth was flat in January, contrasting December’s revised 1.6% increase (previously reported: +1.5% month-on-month).
February 26, 2019
Consumer sentiment is expected to be stable at February’s 10.8 in March according to the GfK Group Consumer Climate index.