Germany's exports declined for the second month in a row, as the global demand continued to be damped by high inflation and supply chain disruptions, and the biggest euro area economy is near recession. Yet, the trade surplus increased notably due to the sharp decrease in imports.
Shipments logged a monthly drop of 0.6 percent, following September's 0.7 percent decrease, Destatis reported Friday. The pace of decline was double than the expected 0.3 percent fall. At the same time, the monthly decrease in imports deepened to 3.7 percent from 2.2 percent. This was also bigger than economists' forecast for a 0.4 percent fall.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.