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Germany November trade balance €10.8 billion vs €7.5 billion expected
- Prior €6.9 billion
The larger trade surplus comes as we see a more pronounced decline in imports, which were down 3.3% on the month, compared to a 0.3% fall in exports in November. If anything else, this likely ties to a fall in energy prices which in turn led to a drag in energy imports on the month.
This article was written by Justin Low at www.forexlive.com... Read More Posted: Jan 5 2023, 07:00
Author Name: forexlive
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