Pantheon Macroeconomics - Friday's data force us to walk back our recession call for Germany. The seasonally adjusted trade surplus rose in September, to €19.2B from €18.7B in August, lifted by a 1.5% month-to-month jump in exports, and the previous months' numbers were revised up significantly.

Eurozone | 11 Nov 2019 German Net Exports fell in Q3, but less than in Q2, No recession then
Friday's data force us to walk back our recession call for Germany. The seasonally adjusted trade surplus rose in September, to €19.2B from €18.7B in August, lifted by a 1.5% month-to-month jump in exports, and the previous months' numbers were revised up significantly.

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11 Nov 2019 German Net Exports fell in Q3, but less than in Q2, No recession then

By Claus Vistesen

Friday's data force us to walk back our recession call for Germany. The seasonally adjusted trade surplus rose in September, to €19.2B from €18.7B in August, lifted by a 1.5% month-to-month jump in exports, and the previous months' numbers were revised up significantly.

Posted: 11th Nov 2019 in 'Eurozone'

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