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Issue #591

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2014 Media Kit

German exports rise less than expected in August

By: | at 12:52 PM | International Trade  

Seasonally-adjusted exports gained 1.0 percent on the month, data from the Federal Statistics Office showed, coming in just under the consensus forecast in a Reuters poll for an increase of 1.5 percent. Exports had unexpectedly fallen in July.

Imports, which had been forecast to rise 0.9 percent, were up just 0.4 percent.

The trade surplus widened to 15.6 billion euros from an upwardly revised 15 billion euros in July. The consensus forecast had been for it to widen to 15.1 billion euros. (Reuters)