Germany's trade balance logged an unexpected deficit in May as trade disruption dampened exports, while rising energy prices pushed up imports, data from Destatis showed on Monday.
Exports dropped unexpectedly by 0.5 percent on a monthly basis in May, reversing April's 4.4 increase. Shipments were forecast to grow 0.9 percent.
At the same time, imports advanced 2.7 percent, exceeding the expected rate of 0.9 percent but slower than the 3.5 percent increase posted in April.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.