Rebounding German exports boost trade surplus in September
A rebound in German exports caused the country's trade surplus to grow in September, nearly making up for a sharp drop the previous month, official data showed on Friday.
Exports expanded by 5.
5 percent in September, lifting the trade surplus, the balance between imports and exports, the federal statistics office Destatis said in a statement.
In seasonally adjusted terms, Germany exported goods worth a total of 97.
7 billion euros ($121 billion) in September, up from 92.
6 billion euros in August, Destatis said.
Imports climbed by almost as much, rising by 5.
4 percent to 79.
2 billion euros.
That meant the seasonally adjusted trade surplus, grew to 18.
5 billion euros in September from 17.
5 billion euros in August.
In unadjusted terms, the expansion was even more marked, with the trade surplus growing to 21.
9 billion euros from 14.
1 billion euros in August, Destatis said.
© 2014 AFP