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German exports rise 6.2% in July 2015

FXStreet (Mumbai) - The Federal Statistical Office (Destatis) also reports that German exports increased by 6.2% and imports by 6.1% in July 2015 year on year.

After calendar and seasonal adjustment, exports rose by 2.4% to EUR 103.4 billion and imports by 2.2% to EUR 80.6 billion compared with June 2015. The previous month’s figure for Exports and Imports was revised lower to 1.1% and 0.8%.

The official report showed the foreign trade balance showed a record surplus of EUR 25.0 billion in July 2015. In July 2014, the surplus amounted to EUR 23.5 billion. In calendar and seasonally adjusted terms, the foreign trade balance recorded a surplus of 22.8 billion euros in July 2015.

Germany Current Account n.s.a. down to €23.4B in July from previous €24.4B

Germany Current Account n.s.a. down to €23.4B in July from previous €24.4B
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