By Joshua KirbyGermany's trade surplus widened a little more than expected in October as imports fell more sharply than exports. The surplus had been expected to book a shallower jump to EUR17.0 billion, according to economists polled by The Wall Street Journal. Imports into the country decreased by 1.2% from the previous month, while exports of German goods fell by 0.2% compared with September's figure, marking a fourth straight month of decline. The wider German economy has in the second half of the year sunk into a likely recession as demand for its goods weakens, hitting industrial output. Write to Joshua Kirby at joshua.kirby@wsj.com; @joshualeokirby(END) Dow Jones NewswiresDecember 04, 2023 02:28 ET (07:28 GMT)Copyright (c) 2023 Dow Jones & Company, Inc.

Source: Wall Street Journal December 04, 2023 13:38 UTC