Record growth is expected in the German economy

The exports of the German companies increased by two times faster, than expected in September, the trade balance surplus is almost on its two-year peak. In the previous two months, export slightly decreased.

According to the statistical office; by not calculating the seasonal fluctuations, exports increased by 3 percent, compared to the export of August, while analysts expected a one and a half percent expansion. Import decreased by 1.5 percent, while analysts indicated a 0.6 percent increase. The trade balance surplus increased to 15.6 billion euros from the 12.0 billion of August, while analysts expected 11.9 billion – reports Privatbankar.hu.