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High impact · 🇩🇪 EUR · Latest release

Germany Balance of Trade

Released · Aug

Actual19.5B€
Forecast19B€
Previous21.6B€

What happened

Actual 19.5B€ came in above forecast 19B€. Previous was 21.6B€, now lower than that.

What it means

This is an important economic figure for that country. The Actual is compared with the Forecast and Previous to see whether the economy is doing better or worse than expected.

Next release

Sep

Forecast — · Previous 19.5B€

Releasing in—

All times are shown in your own time zone.

Guide

What is this news

This is an important data release for the EUR economy, released by Federal Statistical Office. Released by Federal Statistical Office. This comes every month.

How important it is

Traders watch whether the economy is running faster or slower than expected, because this can change interest rate expectations. This is a High impact event on FxGram: EUR pairs often see sharp moves at this time.

What this data does

Generally, if the data comes in better than forecast, it is seen as a sign of economic strength; if weaker, the opposite.

This is just general knowledge (textbook), not a prediction for this release. The market may react differently. This is not buy-sell advice.

Previous releases

DateActualForecastPrevious
Aug19.5B€19B€21.6B€
Jul21.3B€16B€15.4B€
Jun15.4B€17.4B€19.3B€
May19.1B€14.8B€14.7B€
Apr14.5B€15B€14.7B€
Mar14.3B€18.4B€19.6B€
Feb19.8B€18.5B€20.3B€
Jan21.2B€15.2B€17.4B€
Dec17.1B€14.1B€13.6B€
Nov13.1B€16.5B€17.2B€
Oct16.9B€15.2B€15.3B€
Sep15.3B€16.8B€16.9B€
Aug17.2B€15.2B€16.3B€
Jul14.7B15.4B15.4B

Data: Federal Statistical Office, via TradingView economic calendar.

See full calendar