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German trade surplus falls in April

Germany's trade surplus fell in April as the Federal Statistics Office on June 9 reported strength in both imports and exports.

Exported goods were valued at €101.0 billion while imported goods were valued at €83.0 billion. Seasonally adjusted, exports rose 0.9% while imports increased 1.2%.

The country's foreign trade balance declined to €18.1 billion in April from €25.3 billion in the previous month. Seasonally adjusted, the trade surplus amounted to €19.8 billion from a revised €19.9 billion in March.

The current account surplus, which measures the flow of goods, services and investments, was at €15.1 billion in April, down from the revised figure of €31.1 billion the previous month and from €28.1 billion a year ago.