German exports fall unexpectedly in August
EWG•German exports fell 0.8% in August from July, against a forecast 0.6% increase, while imports rose 0.9%. The trade surplus narrowed to €19.5 billion from €21.6 billion in July.
1. Exports and trade balance
Exports to the United States fell 6.3% from July, while exports to the United Kingdom rose 16.7%. Exports to China increased 4.7%, but imports from China rose 11.0%.
