German Industrial Production 0.7% vs. 1.0% forecast


(MENAFN- FxPro) German industrial production rose less-than-expected last month, official data showed on Monday.

In a report, Destatis said that German Industrial Production rose to a seasonally adjusted annual rate of 0.7%, from -0.9% in the preceding month whose figure was revised up from -1.4%.

Analysts had expected German Industrial Production to rise 1.0% .


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