BERLIN, Nov 9 (Reuters) - Germany's trade surplus
unexpectedly narrowed in September due to the biggest jump in
imports to Europe's largest economy in over a year, Federal
Statistics Office figures showed on Monday.
Adjusted for seasonal swings, imports rose in September by
5.8 percent on the month to 58.4 billion euros, the Office said.
Exports were up by 3.8 percent to 68.3 billion euros. The
imports rise was the biggest since July last year.
The figures shrank the adjusted trade surplus to 9.9 billion
euros from 10.6 billion in August. A Reuters poll of economists
had predicted an increase in the surplus to 11.5 billion euros.
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GERMAN TRADE (ADJUSTED) SEPT 09 AUG 09 SEPT 08
Trade balance 9.9 10.6 14.3
Exports 68.3 65.8 84.1
Exports pct change m/m +3.8 -2.8 +0.8
Imports 58.4 55.2 69.8
Imports pct change m/m +5.8 +0.5 +0.8
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MARKET REACTION
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BACKGROUND
- For Nov 6 story on the latest rise in German manufacturing
orders, please click on
- For Nov 6 story on latest German tax estimates, please
click on
- For Oct 29 story on falling German unemployment, please
click on
- For Oct 29 story on declining German engineering orders,
please click on
- For Oct 28 story on flat October consumer prices, please
click on
- For Oct 23 story on rise in German business morale, please
click on
- For Oct 16 story on Germany raising its growth forecasts,
please click on
Keywords: GERMANY TRADE
(Berlin newsroom; Tel: +49 30 2888 5142; Email: berlin.econ@news.reuters.com)
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