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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: TobagoJack who wrote (36750)7/9/2008 3:54:25 AM
From: Haim R. Branisteanu  Read Replies (2) of 217594
 
German May trade surplus 14.4 bln euros vs 18.8 bln in April; cons 17.6 bln

WIESBADEN, Germany (Thomson Financial) - Germany's trade surplus in May fell to 14.4 billion euros from 18.8 billion in April and was down from 17.5 billion in May last year, according to provisional figures from the Federal Statistics Office.

The consensus forecast was for a trade surplus of 17.6 billion euros.

The April figure was revised up to 18.8 billion euros from 18.7 billion.

In May, exports totaled 80.8 billion euros, down from 89.7 billion in April, but up from 78.9 billion euros in May last year.

Imports were at 66.5 billion euros, down from 70.9 billion in April and also higher than 61.4 billion in May last year.

The current account surplus in May fell to 7.5 billion euros from 15.5 billion in April but was up from 13.4 billion in March last year.

christoph.steitz@thomsonreuters.com

cs1/slj

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Copyright Thomson Financial News Limited 2008. All rights reserved.
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