German November exports rise, boosting trade surplus

BERLIN: German exports jumped 2.5 percent in November, data showed on Monday, unexpectedly widening the trade surplus in a sign Europe's largest economy is still outpacing peers.

Data from the Federal Statistics Office showed the seasonally-adjusted trade surplus widened to 15.1 billion euros from a revised 12.5 billion the month prior. That compared with a consensus forecast for a dip to 12.0 billion euros in a Reuters poll of economists.

Imports fell 0.4 percent, missing expectations for a 1.1 percent rise. The median forecast in a Reuters poll was for exports to rise just 0.7 percent.

Copyright Reuters, 2012