aerial shot of a freighter with cargo containers

German exports and imports were down more than expected in September

According to the Federal Statistical Office, German exports fell by 0.5% in September compared with the previous month. Imports, on the other hand, fell by 2.3%, which was more than forecast.

Analysts expect exports to rise 0.1% month-on-month in September and imports to fall 0.4%.

Germany’s trade surplus was 3.7 billion euros ($3.66 billion) in September, higher than analysts had expected.

Leave a Reply

Discover more from NATURALDEPOSIT

Subscribe now to keep reading and get access to the full archive.

Continue reading