German Trade Surplus Hits Five-Year High; Rebalancing the Wrong Way
February 9, 2013Spread the love
Looking for evidence of rebalancing in Europe? Don’t look here: German 2012 trade surplus soars despite weak December reports Germany’s trade surplus was the second highest in more than 60 years in 2012, pointing to an underlying resilience in Europe’s largest economy, although both imports and exports disappointed in the last month of the year
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German Trade Surplus Hits Five-Year High; Rebalancing the Wrong Way