Saturday, October 25, 2014   

Import decline lifts German trade surplus
(01-08 15:12)

Germany's trade surplus expanded in November as exports grew, while imports contracted, rising to 17.8 billion euros in November from 16.7 billion euros in October, official data show.
In seasonally adjusted terms, Germany exported goods worth 93.2 billion euros in November, up from 92.9 billion euros in October, the federal statistics office Destatis said in a statement.
Imports, on the other hand, declined by 1.1 percent to 75.4 billion euros from 76.2 billion euros.
That meant the seasonally adjusted trade surplus increased.
In unadjusted terms, the trade surplus also increased, to 18.1 billion euros in November from 16.9 billion euros in October, as exports grew but imports declined, Destatis said.
Exports to the euro area inched up by a mere 0.1 percent on a 12-months basis in November, while exports to the European Union as a whole were up 1.8 percent. Exports to the rest of the world were unchanged, the statisticians said.—AFP


   
Other Business breaking news:
China and 20 other countries sign up to regional bank (10-24 18:00)
Britain says EU is asking for bigger contribution (10-24 17:49)
British economy grows slower in Q3 (10-24 17:00)
Firm in China's first bond default to be restructured (10-24 16:59)
Hang Seng closes lower (10-24 16:22)
Pearson reports sliding sales (10-24 16:22)
European stocks fall at open (10-24 16:05)
BASF says won't meet 2015 targets (10-24 16:04)
ECB to unveil results of eurozone bank health check (10-24 16:04)
German consumer confidence stops falling: survey (10-24 15:59)

More breaking news >>

© 2014 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2014, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.