Germany: decline in trade surplus in November


(CercleFinance.com) – According to seasonally and calendar adjusted data from Destatis, Germany generated a trade surplus of 10.9 billion euros in November 2021, compared to a surplus of 12.4 billion recorded on last month.

The Federal Statistical Office explains that this slight deterioration in the balance from one month to the next is the result of an increase in German exports (+ 1.7%) which is slightly less vigorous than that of imports (+ 3.3% ).

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