Germany's trade surplus increased in August on an unexpected increase in exports amid a bigger-than-expected decline in imports, official data showed on Wednesday. Exports posted a monthly growth of 1.3 percent in August following July's 1.7 percent increase, Destatis reported. This was the second consecutive increase. Shipments were forecast to fall 1.0 percent. Meanwhile, imports declined 3.4 pe...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.