Germany's trade surplus for the month of February widened more than expected with exports making strong gains, according to data released by the Federal Statistical Office on Friday. Germany's trade surplus, on a seasonally adjusted basis expanded 19.8 billion euros in February, following January's downward revised 18.7 billion euros. Analysts were expecting to see a trade surplus of 18.0 billion. Germany's exports increased 1.30% from January while imports increased a meager 0.40%. Germany's current account balance which measures the economy's financial position vis a vis its trading partners showed a 20.0 billion euro surplus in February, non-adjusted, beating estimates of 16.4 billion. Compared to a year ago, Germany's trade balance was 16.3 billion euros.
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