With imports practically at a standstill, the trade surplus marks the highest values since March, at 13,8 billion.
After two months of decline, German exports are picking up again. In August, the figure rose on a monthly basis by 3,5%, much more than forecast estimates. In fact, analysts had assumed an increase of 1,5%. Imports also increased, but by a more modest 0,6%.
The German trade surplus thus recorded its highest value since March, rising from 10,6 billion in July to 13,8 billion, against estimates that spoke of a fall to 10 billion.
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