German trade surplus narrows as imports outpace exports
BERLIN (AP) - Import growth outpaced that of exports in October in Germany, narrowing the trade surplus of Europe's largest economy.
The Federal Statistical Office said Monday that October exports were up 0.7 percent and imports up 1.3 percent compared with September, in calendar and seasonally adjusted terms.
That lowered the trade surplus to 17.3 billion euros ($19.74 billion) in October, from 17.7 billion euros in September.
Compared to October 2017, exports to European Union nations rose 8.1 percent, and those to other countries were up 9.2 percent, in unadjusted figures.
Imports from inside the EU rose 7.5 percent in October 2018 compared to the same month in 2017, while imports from countries outside the bloc were up 8.3 percent.
Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
McAllen mayor reflects on current term in office
Despite drop in unemployment rate, local restaurant struggling to hire more workers
Proposed state amendment would prevent nursing homes from blocking family visits
DPS: 2 dead, 5 hospitalized after crash in Palmview
City of Harlingen to offer booster shots on Saturday