German Oct trade surplus narrows to 16.8 bln euros, exports hit record
BERLIN Dec 9(Reuters) - Germany's trade surplus narrowed to 16.8 billion euros in October as imports rose 2.9 percent on the month and exports rose 0.2 percent on a seasonally adjusted basis, data showed on Monday.
The trade surplus fell more steeply than a consensus forecast for it to narrow to 18.0 billion euros, from September's slightly downwardly-revised 18.7 billion euros.
On an unadjusted basis, German exporters sold goods worth 99.1 billion euros, a record high for one month. Germany has come under fire from European peers for relying too heavily on foreign trade and running a high trade surplus and current account surplus.
- Alabama man gets $1,000 in police settlement, his lawyers get $459,000
- Doctor who worked in Africa first Ebola case in New York City |
- Ground offensive against Islamic State months away in Iraq: U.S.
- U.S. stock futures tumble on reports of Ebola case in NY
- Exclusive: Charred tanks in Ukraine point to Russian involvement