Germany’s current-account surplus narrows slightly in August

Germany’s current-account surplus edged down to €10.3 billion in August 2026, compared with a revised €10.9 billion in the same period a year earlier. Wider deficits in services and secondary income offset improvements in the goods and primary income surpluses. The goods surplus rose to €13.1 billion, while exports increased 7.1% year over year to €106.2 billion. The cumulative surplus for the first eight months of this year rose to €140.4 billion.