BERLIN (Reuters) – German exports unexpectedly fell in August, data showed on Tuesday, in a fresh sign that manufacturers in Europe’s largest economy have shifted into a lower gear over the summer months.
The Federal Statistics Office said seasonally adjusted exports edged down by 0.1 percent on the month, missing a Reuters forecast of a 0.3 percent rise. Imports dropped by 2.7 percent, undershooting a predicted 0.2 percent fall.
The seasonally adjusted trade surplus widened to 18.3 billion euros ($21.02 billion) from 15.9 billion in July.
($1 = 0.8705 euros)
Reporting by Michael Nienaber; editing by Thomas Seythal