Exchange Rates

Germany’s Trade Balance Declines

Posted by Scott Boyd at 9:45 am UTC, 12/08/2010

Trade results for October show that Germany’s trade surplus narrowed from US$20.6 billion (15.4 billion euros) to US$19.1 billion (14.3 billion euros) in September. During the month, exports fell by 1.1 percent while imports rose 0.3 percent. The news casts a chill over the entire eurozone as Germany’s economy is one of the few bright spots in the region.

Source: BBC News

Filed under: Forex Round Up, EUR

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Eurozone: Trade balance in July: -E2.5 billion | Forex Online on 09/18/2011 UTC at 8:30 am

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