Germany October trade balance €6.9 billion vs €5.2 billion expected<ul><li>Prior €3.7 billion; revised to €2.8 billion</li></ul><p>The German trade surplus expanded on the month but that owes to a 3.7% drop in imports, which was much more than the 0.6% decline in exports on the month. Lower energy prices are arguably what is helping to switch up the figures in imports as we look towards the year-end.</p>
This article was written by Justin Low at forexlive.com.
Source: Germany October trade balance €6.9 billion vs €5.2 billion expected (https://forexlive.com/news/germany-october-trade-balance-69-billion-vs-52-billion-expected-20221202/https://forexlive.com/news/germany-october-trade-balance-69-billion-vs-52-billion-expected-20221202/)
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