Germany’s exports post a slight increase in Oct
The data also showed that Germany’s imports also climbed 1.3% in October and beat the economists’ estimates which called for an increase of 1.1%.
However, both exports and imports declined in October on an annual basis by 4.1% and 2.2% respectively.
The country’s trade surplus, meanwhile, decreased to €19.3 billion ($20.48 billion) in October from €24.2 billion ($25.68 billion) in the previous month. The trade surplus was also down on a yearly basis from €21.7 ($23.03 billion) in October, 2015.
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