German trade surplus widens in May as exports rise
Germany's trade surplus widened
Frankfurt - AFP
Germany's trade surplus widened in May as exports grew faster than imports, the federal statistics office Destatis said on Thursday.
In seasonally-adjusted terms, Germany, Europe's biggest economy, exported 102.1 billion euros ($113 billion) worth of goods in May, 1.7 percent more than in the previous month, Destatis said in a statement.
At the same time, imports grew by 0.5 percent to 79.3 billion euros, leaving a trade surplus -- which is the balance between exports and imports -- of 22.8 billion euros, the statisticians calculated.
The previous month, the trade surplus had amounted to 21.5 billion euros.
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