Trade Balance in Germany
Germany - Trade Balance (Euros)
Export growth comes in flat in January
Month-on-month export growth was flat in January, contrasting December’s revised 1.6% increase (previously reported: +1.5% month-on-month). Import growth, meanwhile, accelerated from a revised 0.7% (previously reported: +1.2% mom) in December to 1.5% in January. As a result, the trade surplus narrowed from EUR 19.9 billion in December to EUR 18.5 billion in January.
Compared to the same month a year prior, export growth swung from a marked 4.4% drop in December (previously reported: +4.5% year-on-year) to a 1.7% expansion in January. The 12-month moving sum of exports nonetheless eased from 3.0% in December to 2.5% in January. Year-on-year import growth rebounded from a 0.4% drop in December to a 5.0% increase in January; however, the 12-month moving sum of imports softened slightly to 5.5% in January from 5.7% in December. In addition, the 12-month moving sum of the trade balance narrowed from EUR 230.9 billion in December to EUR 228.5 billion in January.
Germany - Trade Balance (EUR) Data
|Trade Balance (EUR billion)||200||216||243||246||246|
5 years of economic forecasts for more than 30 economic indicators.
Germany Trade Balance (EUR) Chart
Source: German Central Bank.
|Bond Yield||0.06||0.41 %||Mar 11|
|Exchange Rate||1.12||0.65 %||Mar 11|
|Stock Market||11,543||-0.41 %||Mar 11|
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March 14, 2019
In February, harmonized consumer prices in Germany rose 0.5% over the previous month.
March 11, 2019
Data on the industrial sector in Germany disappointed again with production dropping 0.8% month-on-month in January, swinging from December’s revised 0.8% expansion (previously reported: +0.4% month-on-month) and contrasting market expectations of a 0.5% increase.
March 11, 2019
Month-on-month export growth was flat in January, contrasting December’s revised 1.6% increase (previously reported: +1.5% month-on-month).
February 26, 2019
Consumer sentiment is expected to be stable at February’s 11.8 in March according to the GfK Group Consumer Climate index.
February 22, 2019
A detailed breakdown of national accounts data for the final quarter of last year confirmed the preliminary findings that Europe’s biggest economy escaped a technical recession by the skin of its teeth.