German Trade Surplus Narrowed in October

By Todd Buell Features Dow Jones Newswires

Germany's trade surplus narrowed in adjusted terms in October, data from the country's statistics office showed Friday.

Continue Reading Below

The trade balance, the difference between exports and imports, came in at a surplus of EUR19.9 billion ($23.5 billion) in October, after EUR21.9 billion in the previous month. Economists polled by The Wall Street Journal had expected a surplus of EUR21 billion.

In October, exports fell by 0.4% on the month while imports rose 1.8%, the data showed.

The current account balance, a broader measure of a country's financial position, came in at EUR18.1 billion, below the expected EUR19.8 billion and also below September's EUR25.8 billion.

Write to Todd Buell at todd.buell@wsj.com

(MORE TO FOLLOW) Dow Jones Newswires

Continue Reading Below

December 08, 2017 02:23 ET (07:23 GMT)