Germany: Trade surplus widens against expectations in February

FXstreet.com (Barcelona) - German Trade surplus widened to €17.1 billion in February from €15.6 billion in January, according to data released today by Destatis. Analysts expected the surplus to narrow to €15.1 billion. German Current Account surplus widened to €16.0 billion in February, from €9.7 billion in January.

German Exports decreased 1.5% in February, in comparison with the 1.3% growth in January, against market consensus of no change. German Imports declined 3.8%, following a 3.3% rise and against forecasts of a 0.8% rise.