Tuesday, July 29, 2014   

German January trade surplus shrinks
(03-11 15:22)

Germany's trade surplus narrowed slightly in January, as imports grew faster than exports, official data show.
In seasonally adjusted terms, Germany exported goods worth 94.5 billion euros in January, up from 92.5 billion euros in December, the federal statistics office Destatis said in a statement.
Imports increased more strongly, to 77.3 billion euros from 74.2 billion euros.
That meant the seasonally adjusted trade surplus – the balance between imports and exports – decreased.
In unadjusted terms, however, the trade surplus increased, to 15 billion euros in January from 13.9 billion euros in December, as both exports and imports increased, Destatis said.—AFP
   
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