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.

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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

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