Germany August Seasonally Adjusted Trade Balance: Surplus Edges Higher

The German Federal Statistical Office released seasonally adjusted trade balance data for August on September 8, 2025. The reported surplus was €15.0 billion, exceeding both the forecast and previous values of €14.7 billion.Definition: The seasonally adjusted trade balance reflects the difference between exports and imports after accounting for seasonal effects. A trade surplus indicates net capital inflows, which may support euro appreciation; conversely, a trade deficit signals net capital outflows and could weigh on the euro.This indicator is rated as having high importance (level 3). It is calculated by subtracting the total value of imports from exports for the month. The data is released monthly, with the next publication scheduled for November 7, 2025.

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