Germany: Trade surplus narrows less than expected in March

FXstreet.com (Barcelona) - German Trade surplus narrowed to €17.6 billion in March from €17.7 billion in February, according to data released today by Destatis. Analysts expected the surplus to narrow to €16.5 billion.

German Current Account surplus widened to €20.2 billion in March, from €16 billion in February.

German Exports increased 0.5% in March, in comparison with the 1.2% fall in February, in line with market consensus. German Imports grew 0.8%, following a 3.9% drop and below forecasts of a 1.5% rise.