Germany stays ahead on trade

GERMANY’S trade surplus shot up in September as imports fell and exports increased.

The surplus widened from €11.8bn (£10.1bn) to €17.4bn in the month from August.

Meanwhile, France’s trade deficit increased to €6.3bn in September, from €4.31bn in August. The customs department said falling aviation sales were the main factor in cutting export by €2.26bn in the month. However, imports also fell, declining by €0.26bn.

Overall, the change may reflect falling demand in the Eurozone’s second-largest economy.