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German Trade Balance below expectations | 09.03.2015

 

Today Destatis reported data on the Trade Balance of Eurozone's biggest economy that showed a decline from January's Balance and was below expectations. The Trade Balance fell from revised 21.6 billion euros (21.8) to 19.7 billion. Economist expected a rise to 22.3 billion euros.

 

 

Exports showed the sharpest decline in five months and slumped by 2.1% after strong gains in December although the weaker euro should bolster exports in the future. Imports declined by 0.3%.



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