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 i

Published January 9, 2012 Updated January 9, 2012 07:14am

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By Imad Uddin

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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.

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