Destatis June 09
- Prior €17.4 billion
- Current account balance €7.7 billion
- Prior €24.4 billion; revised to billion
- Exports -24.0% vs -15.6% m/m expected
- Prior -11.8%; revised to -11.7%
- Imports -16.5% vs -16% m/m expected
- Prior -5.1%; revised to -5.0%
Trade surplus narrows considerably. It will be interesting to see what happens with May's data when the lockdowns were at their peak. Biggest decline since 1990. Ouch.
