German trade surplus widened in May to €14.8 billion compared with the revised previous€10.8 billion, and the expected €12.2 billion. the Current Account surplus on the other hand shrunk in May to €6.9 billion from the revised previous€9.0 billion, and the expected €7.0 billion.

Supporting the improvement was the surge in exports by 4.3% compared with the previous drop of 5.5%, and the expected 1.5 %, while imports rose by 3.7 percent, compared with the previous drop of 2.5% , and above market expectations of 1.5 %.