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MNI: GERMAN DATA: Trade Balance (Jun 2019) Preview...>

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MNI: GERMAN DATA: Trade Balance (Jun 2019) Preview - 07:00 BST
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- Trade Bal: Bbg Consensus: EUR19.5bn (nsa); Prev (May): EUR20.6bn (nsa)
- Exports: Bbg Cons: 0.0% m/m (sa); Prev (May): 1.1% m/m (sa), 4.5% y/y (nsa)
- Imports: Bbg Cons: 0.3% m/m (sa); Prev (May): -0.5% m/m (sa), 4.9% y/y (nsa)
- Germany's sa trade surplus expanded by EUR1.7bn in May to reachEUR18.7bn 
- The value of exports rose by 1.1% m/m, after a steep 3.4% decline in Apr...
- ... and markets look for a flat export performance in Jun
- And with slowing global growth, external demand looks set to remain
disappointing in the coming months 
- Imports are expected to rebound mildly in Jun after a 0.5% m/m contraction in
May

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