7 Jun 2013
Germany: Trade surplus widens silghtly in April
FXstreet.com (Barcelona) - German Trade surplus widened slightly to €17.7 billion in April from €17.6 billion in March, according to data released today by Destatis. Analysts expected the surplus to narrow to €17.2 billion.
German Current Account surplus narowed to €17.6 billion in April, from €20.4 billion in March and above forecasts of narrowing to €13 billion.
German Exports increased 1.9% in April, up from the 0.5% growth in March, above projections of a 0.2% rise. German Imports grew 2.3%, following a 0.7% increase and above forecasts of +0.5%.
German Current Account surplus narowed to €17.6 billion in April, from €20.4 billion in March and above forecasts of narrowing to €13 billion.
German Exports increased 1.9% in April, up from the 0.5% growth in March, above projections of a 0.2% rise. German Imports grew 2.3%, following a 0.7% increase and above forecasts of +0.5%.