German imports, exports edge ahead in Feb; Trade surplus steady

Germany's trade surplus was unchanged in February compared with the previous month, with exports and imports both rising slightly, according to official data released on Tuesday.

The country's adjusted trade surplus was steady at €16bn. February exports increased 4% month on month to €136.7bn, as demand improved for manufacturing goods.

Imports rose 4.6% €120.7bn as amid the cost of living crisis and soaring inflation.

Reporting by Frank Prenesti for Sharecast.com