Saturday February 22, 2020

German industrial production surges by the most in six years

Production climbed 3.3% in January, its biggest increase since 2009

8th March, 2016
German industrial production rose by 3.3% in January

German industrial production jumped by the most in more than six years in January, in a sign that strong domestic demand may be helping to underpin output even as external trade cools.

Production, adjusted for seasonal swings, climbed 3.3 per cent from the prior month after retreating a revised 0.3 per cent in December, data from the Economy Ministry in Berlin showed on Tuesday. That’s the biggest increase since September 2009 and the first gain...

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