Germany: trade surplus of 15.6 billion in September

Exports up 2.2 per cent month-on-month, exceeding expectations

(Il Sole 24 Ore Radiocor) - Last September, Germany’s trade surplus stood at 15.6 billion. After adjustment for calendar and seasonal variations, Germany exported goods worth 141.1 billion euros and imported goods worth 125.5 billion euros in September.

In September, exports rose more than expected: by 2 per cent month-on-month, compared with forecasts of a 0.5 per cent increase. Year-on-year, the increase was 7.7 per cent.

Imports rose by 4.2 per cent month-on-month and by 8.7 per cent year-on-year.

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