Fri, 08 Nov 2013 13:46:07 GMT
German overseas sales expanded at fastest pace this year while imports sank
German exports jumped 1.7% to 94.7 billion Euros in September, well ahead of expected 0.6% growth, while inbound shipments edged down 1.9%, missing forecast of 0.4% increase, thus creating a record high trade surplus of 20.4 Billion Euros on monthly basis in September, from prior EUR 13.3 Billion in August. The US Treasury, in its report to Congress, blamed Germany