Mumbai, March 10 -- Germany's foreign trade surplus decreased in January as exports logged a renewed fall amid a further increase in imports, official data showed on Monday.
Exports posted a monthly decrease of 2.5 percent in January, reversing a 2.5 percent growth in December, Destatis reported. This was the first fall in three months.
Meanwhile, imports climbed 1.2 percent, though slower than the 1.6 percent rebound in the prior month.
As a result, the trade surplus shrank to EUR 16.0 billion from EUR 20.7 billion in December. In the same period last year, the surplus totaled EUR 25.3 billion.
On a yearly basis, exports registered an annual decrease of 0.1 percent in January, while imports surged by 8.7 percent.
Exports to the EU sta...