Germany's Trade Surplus Fell in May as Exports Ticked Down

Germany's trade surplus unexpectedly falls in May as exports ease, imports rise

By Ed Frankl Germany's trade surplus fell unexpectedly on month in May, as exports declined marginally and imports rose, a sign that domestic demand could be improving despite a global economic slowdown, as the country's economy tries to shake off the recession it suffered in the winter.

In May, exports ticked down 0.1% on month on a calendar and seasonally adjusted basis to EUR130.5 billion, suggesting global demand for German manufacturing goods receded somewhat.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

A trade rep’s tough sell: Less free tradePresident Joe Biden wants a “new economic order” that breaks from decades of established trade rules. His chief trade ambassador, Katherine Tai, is reaping the blowback.
Read more »

Damian Lillard’s Heat trade wish may not be simple with Trail Blazers ‘open for business’The Trail Blazers do not plan to simply grant Damian Lillard’s wish and send him to the reigning Eastern Conference champion Heat.
Read more »

Dutch King Apologizes for His Country’s Role in the Slave TradeDutch King Apologizes for His Country’s Role in the Slave Trade (via nytimes)
Read more »

Nets trade Patty Mills to Rockets in salary dumpThe Nets agreed to trade Patty Mills to the Rockets on Saturday in what amounted to a salary dump, but the veteran guard won’t be in Houston for long.
Read more »

China-Africa Economic and Trade Expo Aims to Defy Western 'Debt Trap' Accusations, Generating $19 Billion in Trade Deals – Economics Bitcoin NewsAccording to regional reports from China at this year’s China-Africa trade expo on Friday, the expo is expected to generate deals worth $19 billion. Economics
Read more »

Damian Lillard requests trade away from Portland Trail Blazers | CNNPortland Trail Blazers star Damian Lillard has requested a trade away from the franchise that drafted him over a decade ago, according to his agent.
Read more »