Germany: Trade surplus widens against expectations in September

FXstreet.com (Barcelona) - German Trade surplus widened to €18.8 billion in September from €15.8 billion in August, according to data released today by Destatis. Analysts expected the surplus to narrow to €15.5 billion.

German Current Account surplus widened to €19.7 billion in September, from €10.1 billion in August and against forecasts of narrowing to €-15 billion.

German Exports increased 1.7%, in comparison with 1% growth, considerably above market consensus of +0.5%. German Imports declined 1.9%, following a 0.1% rise and against forecasts of a 0.6% increase.