-
German Industrial Output Unexpectedly Increased in July
German industrial production unexpectedly rose in July as output of investment goods increased. Production rose 1.3 percent from June, when it fell a revised 0.4 percent, the Economy Ministry in Berlin said today. Economists forecast unchanged production, the median of 39 estimates in a Bloomberg News survey showed. Production fell 1.4 percent from a year earlier when adjusted for working days. Domestic demand is helping to prop up the German economy, Europe’s largest, as the sovereign debt crisis dents exports to fellow euro-area states. Still, growth slowed in the second quarter and business confidence has ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Sep 7, 2012 6:35am Sep 7, 2012 6:35am
- Bakker
- Joined Jun 2011 | Status: Member | 3247 Comments
- Comment #2
- Quote
- Sep 7, 2012 6:47am Sep 7, 2012 6:47am
- Guest
- | IP XX.XXX.90.179
- Comment #3
- Quote
- Sep 7, 2012 7:27am Sep 7, 2012 7:27am
- Wessie
- | Joined Aug 2012 | Status: Member | 21 Comments