Rebounding German exports boost trade surplus in September

7th November 2014, Comments 0 comments

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

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