Latest data released by Destatis - 8 February 2018

  • Prior +EUR 23.7bn
  • Current account balance +EUR 27.8bn vs +EUR 28.0bn expected
  • Prior +EUR 25.4bn
  • Exports m/m +0.3% vs -1.0% expected
  • Imports m/m +1.4% vs -0.7% expected

A little delay on the data by Destatis, in case you need a reminder they changed their data release protocols back in January here.

Slightly smaller surplus than expected, but exports and imports grew instead of declining for the final month of the year - something positive to take away from the report I guess. But all in all, very much within expectations/normal.