Germany's Trade Surplus Hits €21.27B as Imports Surge (EWG:NYSEARCA)

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(Il Sole 24 Ore Radiocor) - The surplus of the German trade balance rises. In July there are 22.2 billion compared to 17.6 billion in July...

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Germany's trade surplus widened significantly in July, reaching 21.3 billion euros, from 15.4 billion euros in June. The performance exceeded analysts' estimates, who expected the surplus to rise to 16 billion euros, and is the highest level since August 2024. The widening of the surplus is mainly attributed to the fact that imports fell faster than exports. According to the data, German exports fell 0.8 percent month-on-month in July to 138.2 b…

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German exports fell 0.8% in July to 138.2 billion euros, below market expectations for 0%.