Germany’s Trade Surplus Narrows
Germany’s trade surplus in September narrowed slightly to €19.4 billion ($20.8 billion) from €19.6 billion in August, according to the country’s Federal Statistical Office.
#economics
Germany’s trade surplus in September narrowed slightly to €19.4 billion ($20.8 billion) from €19.6 billion in August, according to the country’s Federal Statistical Office.
Exports month to month grew 2.6% to about €100 billion ($108 billion). Shipments to other countries within the European Union totaled €62 billion ($67 billion).
The statistical office says Germany’s imports in September expanded 3.6% to €81 billion ($87 billion), with 68% coming from other EU members.
RELATED CONTENT
-
Report Forecasts Huge Economic Upside for Self-Driving EVs
Widespread adoption of autonomous electric vehicles could provide $800 billion in annual social and economic benefits in the U.S. by 2050, according to a new report.
-
Enterprise Edges into Self-Driving Car Market
U.S. rental car giant Enterprise Holdings Inc. is the latest company to venture into the world of self-driving vehicles.
-
MTU Research to Boost Fuel Economy ~20%
Researchers are using V2X communications and other methods to provide vehicles with a significant increase in fuel economy.