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Data from Financial Modeling Prep. Forecasts by Sigmanomics Forecast Engine.
GermanyBalance of Trade s.a climbed to 16.7 in January 2023
Financial Modeling PrepMonthlyReleased March 2023
Balance of Trade s.a climbed to 16.7 in January 2023, up 6.7 from December's 10 reading. The print exceeded the 11 consensus by 5.7. The print is running well above the 12-month average of 5.92. Over the past 3 months, Balance of Trade s.a averaged 10.4, vs 3.93 in the prior 3-month window. Balance of Trade s.a is now the highest in 17 months.
Latest Release
16.7
Actual
11
Consensus
10
Previous
The March 2023 reading rose from the previous value of 10. Historically, this indicator is positively correlated with DAX (Bullish DE) and positively correlated with EUR/USD (Bullish EUR).
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Balance of Trade s.a - DE
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