Forex Blog

December 8, 2010

Germany’s Trade Balance Declines

Trade results for October show that Germany’s trade surplus narrowed from US$20.6 billion (15.4 billion euros) to US$19.1 billion (14.3 billion euros) in September. During the month, exports fell by 1.1 percent while imports rose 0.3 percent. The news casts a chill over the entire eurozone as Germany’s economy is one of the few bright spots in the region.

Source: BBC News

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Powered by Efacilitators Hosting