By Ed FranklGermany's trade surplus widened a little more than expected in December, with imports falling more sharply than exports, as annual figures showed the fragile condition of the country's economy. Economists polled by The Wall Street Journal had expected a EUR18.5 billion surplus. However, exports slumped 4.6% on month, more than the 2.4% fall expected by economists, indicating weak demand for German goods. The slowing trade data comes after German GDP was shown to have fallen 0.1% in 2023, according to Destatis figures published in January. Write to Ed Frankl at edward.frankl@wsj.com(END) Dow Jones NewswiresFebruary 05, 2024 02:33 ET (07:33 GMT)Copyright (c) 2024 Dow Jones & Company, Inc.
Source: Wall Street Journal February 05, 2024 07:43 UTC