German expects rose 1.9% yoy to EUR 119.5B in October while imports dropped -0.6% yoy to EUR 98.0. Trade surplus came in at EUR 21.56B. On calendar and seasonally adjusted terms, exports rose 1.2% mom while imports was flat. Trade surplus widened to EUR 20.6B, beat expectation of EUR 19.0B.
According to provisional results of the Deutsche Bundesbank, the current account of the balance of payments showed a surplus of EUR 22.7B. That takes into account the balances of trade in goods including supplementary trade items (EUR 22.5B), services (EUR -4.3B), primary income (EUR 9.0B) and secondary income (EUR -4.5B).
